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Travers Smith has made hires to its London office this year (photo by Mike Kemp/In Pictures via Getty Images)Photo: In Pictures via Getty Images

Travers Smith posted average profit per equity partner of £1.3m for the year ended 30 June, up 5% on the previous year.

Revenue at the firm fell 2% to £210m, while profit was down 3% to £74.1m.