Walker Morris increased revenue by 11% to a record £90.2 million in 2025/26, marking the first time the firm has exceeded the £90 million threshold.
The firm said growth was driven by stronger performance in corporate, infrastructure and energy, real estate and international work as it moves towards its £100 million revenue target.
Walker Morris has recorded its highest-ever revenue, surpassing the £90 million mark for the first time as the Leeds-headquartered firm continues its push towards its £100 million growth target.
The firm generated fee income of £90.2 million in the year to 30 April 2026, up 11% from the previous year. Net profit also increased by 11%, while PEP exceeded £1.1 million.
The latest results mean Walker Morris has grown revenue by 65% since 2020/21 and remains on track to achieve the objectives of its Ambition 27 strategy.
Growth areas
Walker Morris said growth was driven by increased market share in several priority areas, including commercial corporate, infrastructure and energy, real estate and consumer finance.
The firm also pointed to growing activity in defence and an increase in international instructions, with matters spanning more than 70 countries over the past year.
Managing partner Jeanette Burgess said the firm was increasingly advising on higher-value regulatory and cross-border mandates and that its corporate team had delivered its strongest year on record despite wider market pressures.
"Our revenue milestone has been driven by increasing market share in the areas we have prioritised, with strong momentum across Infrastructure & Energy, Consumer Finance and our Fund market group, alongside a marked rise in international instructions," she said.
Major mandates
The firm advised on a number of high-profile mandates during the year, including private equity firm Endless' sale of British bakery brand Hovis to Associated British Foods, National Grid’s £35 billion infrastructure investment programme, a $440 million Middle East road construction dispute and a business energy commission claim that made it to the Supreme Court.
Other matters included work on a central London life sciences park development for UK-based REEF Group, developments at the Port of Tilbury and a £250 million student accommodation project involving a joint venture between developer Unite and Newcastle University.
Burgess said the firm would continue investing in growth sectors and international capabilities as it enters the final year of its Ambition 27 strategy.
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