Stewarts Law has posted a strong financial year, with net profit up 26 per cent to £29m.
Average profit per equity partner (PEP) was up 18.5 per cent to £1.5m while revenue grew by 18.2 per cent to £62.4m.
The revenue growth represents a 424 per cent increase on its 2008/09 turnover of £11.9m.
The results also signal a return to form for the litigation firm, which has a history of rapid growth. It grew by around 20 per cent each year over five years until 2012/13 but posted a slower year in 2013/14, reporting just a 3.5 per cent turnover growth to £45.2m while net profit was flat at £20.4m.
Stewarts also expanded its equity spread last year, with the bottom of equity falling 7.6 per cent to £642,000, while the plateau saw a growth of 17.6 per cent to £1.8m.
Managing partner John Cahill said: “We are pleased to have marked the end of our 25th year with another solid set of financial results.
“During the year we added 20 lawyers to the headcount including both lateral hires and internal promotions. We were delighted to offer seven new training contracts. We have a busy and challenging year ahead with a number of substantial trials and the launch of trust litigation in September.”
Stewarts has been involved in a number of headline disputes in the last 12 months, a number of which are ongoing. These include representing a raft of retailers suing MasterCard and Visa in the High Courts, representing the victims of the Alton Towers rollercoaster crash, and advising a number of investors suing RBS for more than £4bn over its 2008 rights issue.
