The firm said that in the sectors where the firm is focused there was particularly strong growth.
These include inancial services across structured finance, transactional work such as loan portfolio sales, and international and domestic financing, acting for clients such as Morgan Stanley, Goldman Sachs, Citibank, Allied Irish Banks and Bank of Ireland.
Advisory work on financial services regulation also grew, according to MH&C.
Technology sector work included advisory work for major multinational technology companies, transactional work for indigenous Irish technology companies, and regulatory advice on investigations and litigation in the sector.
The firm said it advised clients such as Meta, Etsy, WhatsApp, Kinzen and Instagram across these areas.
Life sciences and healthcare work increased, according to managing partner Will Carmody, particularly in the areas of regulation and litigation.
Clients of the firm in this sector include Biohaven Pharmaceuticals and LetsGetChecked.
Carmody added that the energy sector continued to generate significant levels of legal work, with a strong focus on renewables.
“The firm is advising funders, investors and developers contributing to Ireland’s energy transition to solar, onshore wind and offshore wind energy generation projects. SSE and EirGrid remain longstanding clients of the firm,” Carmody explained.
Carmody added: “We are very aware that the success of our business is completely aligned with the continued success of our clients – which incentivises us to protect and enhance their best interests at all times.
“I am confident that continued focus on those principles, together with providing an environment that both nurtures and develops the very best people in MHC, will ensure the continued growth of our firm”
Carmody said that the firm’s work in the built environment sector for investor and tenants saw a high level of transactional activity, including for clients such as BNP Paribas REIM and TikTok.
The firm saw significant demand for planning and environmental law advice plus a mix of advisory and contentious work on construction and infrastructure projects.
The firm said it is also reviewing its office accommodation options in Dublin, including either additional space to supplement its current location, or a new consolidated HQ location.
Outgoing managing partner Declan Black stated: “During my nine years as managing partner the firm has more than doubled in turnover and size.
“The numbers are satisfying evidence that clients appreciate the quality and calibre of the work we do and that talented staff appreciate the opportunity we provide to develop and prosper.
“As an indigenous Irish law firm in a highly competitive legal market, I am particularly grateful to our clients, old and new, that have supported us throughout my tenure, and to our dedicated partners and staff.”