Fieldfisher PEP hits £1m in year of European growth

Fieldfisher has announced its FY25 results, reporting modest firmwide revenue improvement of 1% to £385 million and a 3% rise in PEP, which now stands at £1 million.

The firm recorded revenue growth across its European network, with double-digit increases in Austria, Italy, Germany, Spain and the Netherlands.

Fieldfisher also saw topline gains in its four core industry sectors - tech, energy and natural resources, financial services and life sciences - clocking combined growth of 31%.

High-profile mandates included representing Getty on its claim against Stability AI in one of the world’s first major copyright disputes involving AI. The main trial took place in June.

European focus

The results follow a period of heavy investment in Europe which continued into the current financial year. In July, the firm added a 68-strong team in Portugal - one of the largest European team hires this year - and in May it hired a team of 32 to launch in Poland. Fieldfisher’s international footprint now spans 27 locations across 14 countries.

As its 2022-25 strategy to become Europe’s leading law firm wraps up, the firm is gearing up for a 2025-30 "One Europe" programme aimed at integrating practices and unifying its brand across the continent.

What they said

Robert Shooter, Fieldfisher’s managing partner, said: "This has been a period of strategic transformation and investment in our firm. We have achieved growth across all offices and practice areas, continuing to innovate and deliver excellent client service.

"We have ambitious plans for the future and are confident that our current strategy of transformation and integration across our international network will sustain our success in the coming period."