...while Nabarro posts slight rise

COMMERCIAL law group Nabarro reported a three per cent rise in revenue for the six months to November yesterday.

The London and Sheffield-based firm generated £53.5m turnover in the period, compared to a stark 18 per cent income drop at the same point last year.

Nabarro, whose client list includes Land Securities and Nationwide Building Society, reported a ten per drop in turnover for last year as a whole, which meant a 15 per cent decrease in profit per equity partner to £320,000.