Quinn Emanuel Urquhart & Sullivan’s London operations reported a 47% increase in its revenue for 2023, launching its financial outcome to £196.6 million. This substantial rise, representing an increase of £63 million from the previous year, was largely driven by a ‘one-off success fee’ as disclosed in the firm’s latest financial results.
In 2022, the firm’s revenue was recorded at £133.6 million. The firm’s lucrative year also saw it handling significant mandates, including representing Credit Suisse investors.
According to the firm’s London senior partner, Richard East, the financial success was amplified by a significant one-off success fee, a key factor contributing to their impressive performance in 2023.