Today Taylor Wessing announces its results for the financial year to 30 April 2021. The firm has seen a 12% increase in UK revenue to £175.5m and a 23% increase in UK profit to £71m. UK profit per equity partner is 18% up on last year.
Taylor Wessing 2020 – 2021 financial results
UK Managing Partner, Shane Gleghorn, said: "Our focus this financial year has been our people and clients, and these pleasing results are attributable to their commitment to the firm. We anticipated, and had, a slow start to our financial year due to the contraction caused by the onset of the pandemic. We were confident, however, that the focus of our sector and practice groups positioned us well for a significant uptick in activity coming out of the second quarter, and that proved to be the case. That has resulted in the firm recording the highest ever revenue and profit for the UK business, which is a credit to our people. We saw the onset of our investment strategy in people and technology contributing to these strong results."
The firm has also recorded its highest ever global revenue, totalling £371.3 million. Taylor Wessing continues to strengthen its international platform and presence, with significant investment across its European offices and new on-the-ground operations announced this year in strategically prioritised jurisdictions such as Israel and Ireland.
Taylor Wessing is a full-service international law firm, working with clients in the world’s most dynamic industries. We take a single-minded approach to advising our clients, helping them succeed by thinking innovatively about their business issues. We support clients wherever they want to do business. The firm has a sector focus with experts in technology, media and communications, life sciences and private