Half-year revenues at magic circle firm Allen & Overy fell by 7% as the City giant became the first to announce its financial performance results over the past six months.
Revenues fell from £548m to £511m during the six months to 31 October. More than half of the firm’s turnover was generated outside the UK.
The firm said that it has benefited from increased demand for high-end litigation, restructuring and regulatory work.
Revenues down at Allen & Overy
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