Mercer & Hole maintain top 40 position in Accountancy’s Top 75 firms survey

Accountancy’s Top 75 Firms Survey 2019 has been published today, 4 February 2019. Please see the following summary:

The survey reveals that the industry has reported an increase in fees, with the top 75 recording £15.75bn, up from £14.95bn in the previous year. The Big Four now contribute over three quarters of the Top 75’s fee income (77%). Only six firms in the Top 75 reported a fall in revenue.

Audit forms much of the discussion surrounding the survey; the shadow of Carillion, as well as market reform in the wake of the advancements in technology.

In terms of Mercer & Hole, there is good news:

• Mercer & Hole has ranked as a Top 20 firm for Tax and is the only ‘new name’ to rank in the Top 20. The firm reported its fee income from tax as £9.6m in 2018 up 2% from £9.3m in 2017.
• Mercer & Hole is outperforming the market in terms of its percentage of women partners. The Top 75 reveals that out of 5,979 partners, 1,121 are women – 18.7%. Here, seven out of our 21 partners are women – 33%.

Please click here to see top 75 firms survey for the full data report and editorial comment.