The company said it also increased its global headcount by 14%. Four new offices were opened during the year, in Beijing, Copenhagen, Singapore and Sydney.

The firm said it saw the fastest growth in its UK business. Mark Billige has taken over from Stephan Butscher as UK managing partner, as Butscher returns to Frankfurt to serve as the company’s chief talent officer. Chethan Sharma has also been made a partner in the firm.

CEOs Klaus Hilleke and Georg Tacke said: “As nearly ever year, our 2010 results were above the industry average.”