September 25, 2021

George Cafe Journal

The Power of Success

RPC most up-to-date to shrug off lean spell to article robust fiscal advancement

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RPC is the latest LB100 firm to arise from a ‘very challenging’ time period to today (22 July) post excellent fiscal final results for 2020/21.

The firm’s complete income for the fiscal 12 months 2020/21 was £136m, an maximize of 23% on FY20 (£110.1m) and 26% on 2018/19 (£108m).

Meanwhile, its net profit margin rose to 35%, up 6 proportion details on FY20 (29%), though income per equity lover enhanced to £634,000, up a striking 50% on the £424,000 recorded last 12 months.

These latest final results are considerable uptick in effectiveness adhering to a lean few of yrs in which the agency overhauled both its organization traces and its fairness partnership construction.

Running associate James Miller (pictured) said income advancement was evident across all places of work  (London, Bristol, Singapore and Hong Kong) in the very last fiscal yr: ‘These success mirror just how unbelievably challenging our people have labored more than this earlier 12 months, and in primarily challenging situations for numerous of us and our customers. The figures talk to our higher-effectiveness tradition, unwavering commitment to clientele and the high-quality of our persons. When the information is certainly very constructive for our company, they are set from a backdrop of numerous persons – and numerous firms – going through a very complicated year both equally skillfully and individually.’

Miller also noted that the agency has ongoing to invest in building and using the services of new talent. This includes a industrial disputes workforce in Singapore obtained from Fowl & Bird, as nicely as the retain the services of of Tom Purton, Travers Smith’s former head of business, IP & technological innovation, at the starting of the calendar year. RPC has also made up a total of 28 new partners in the final 15 months.

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