Clyde & Co has recorded an 11% increase in revenue across its Middle East offices for the financial year to April 30, 2025.
It is the largest international law firm in the region, with six offices in Abu Dhabi, Cairo, Doha, Dubai, Jeddah, and Riyadh.
Clyde & Co’s regional expansion over the past year includes the addition of 12 partners through lateral hires and internal promotions. The firm most recently hired energy partners Josh McFadzen and Bryan Wilson from Brodies Middle East. They joined the firm’s Abu Dhabi office, which recently marked 20 years of its operation, along with senior associate Marc Penman and associate Ross Blyth.
Clyde & Co also opened an office in Jeddah, its second office in Saudi Arabia, last year.
The firm’s revenue growth was led by the UK (46%) and North America (25%). The Middle East was the third-highest growth region, followed by Asia Pacific (9%), Europe (7%), and Latin America (2%).
Firmwide revenue was markedly slower than in previous years, growing by 3% to £854 million. Profit at the firm increased by 1.8% to £177.5 million.
Clyde & Co’s chief executive officer, Matthew Kelsall, commented: “Our commitment to multiyear investment horizons has allowed us to continue to balance investment, profitability and sustained growth. We have continued to invest in talent, systems and technology which have enhanced our operational efficiency but crucially, have allowed us to continue to evolve our offering for clients, building global bench strength in our core sectors and across disputes, commercial and regulatory disciplines.”
In the previous financial year, Clyde & Co recorded a 12% increase in Middle East revenue. Firmwide revenues grew by 10% to £845 million.
