The increase pushes the firm’s revenue figure up from £1.194bn to £1.329bn.
Profits per equity partner (PEP) increased by a similar amount, jumping by 13% from £1.015m last year to a new high of £1.151m.
Growth for both PEP and revenue is marginally down on last year when CC saw a 24.7% increase in PEP taking it through the £1m mark and a 16% increase in turnover.
However, the results will be seen in the context of CC’s heavy exposure to the structured finance market, the depressed dollar and rapidly slowing
The firm, which so far this year has opened new offices in
Commenting on the results, managing partner,David Childs said: “Revenue and profitability grew significantly even though market conditions were more difficult in the second half of the year. I am confident the firm is well positioned for the less favourable market conditions that we are likely to face during the current financial year.”
The figures the firm has posted are provisional, with audited figures expected to come through in September.