Slater & Gordon has announced a 37% increase in global revenues alongside the £32.5m acquisition of UK personal injury law firm Fentons Solicitors.

The fast-growing Australian firm, which in 2007 became the world’s first publicly listed law firm, saw revenue grow 36.7% to A$297.6m (£171.2m) in 2012-13, while net profit after tax was up 67.6% to A$41.9m (£24.1m).