Addleshaw Goddard boosted its top line by 12 per cent last year, while CMS saw a 5 per cent increase. Revenue at Addleshaws increased from £443m to £495.6m over the 2023/24, following a financial year full of global office launches and the appointment of the firm’s first non-UK managing partner. Total profit also rose by […]
DAC Beachcroft (DACB) recorded its 10th year of consecutive growth for 2023/24, while leadership remains open to third-party investment after talks to sell off its Claims Solutions Group broke down last summer. Over 2023/24, DACB’s revenue broke through the £300m mark with a 9 per cent revenue uplift to £326.5m. Profits saw growth too, increasing […]
Leeds-based Walker Morris is eyeing up £100m turnover, as it glides past its 2024 target of £70m. The independent firm generated £74m revenue for the 2023/24 financial year (subject to a formal sign-off), representing a 10 per cent increase from the £67.5m generated the previous year. This means that Walker Morris has grown its top-line […]
Charles Russell Speechlys (CRS) has unveiled ambitious growth targets for 2028, aiming to increase firmwide revenue by 60 per cent on the 2023/24 financial year. CRS wants to generate £350m firmwide revenue for 2028, a year that marks the end of Simon Ridpath’s second and final term as managing partner. Over 2023/24, the firm posted […]
This week in Beyond the Bubble, in association with LexisNexis… London: Fee-earner time spent on innovation at Harbottle & Lewis will be recorded and rewarded as the firm launched its new “Innovation Fund” in June, which will be used to invest in new technology to make processes more efficient for the business. The move is […]
Pinsent Masons has increased its topline by 7 per cent in another year of growth. Revenue hit £649.6m for 2023/24, up from £605.9m the previous year. 2023/24 concludes the first full year in post for Laura Cameron as managing partner, having taken over from John Cleland in May 2023. Speaking to The Lawyer, Cameron commented: “It’s […]
Ampa, the group that includes Shakespeare Martineau and Mayo Wynne Baxter (MWB), recorded growth of nearly 14 per cent in the last financial year. Overall, Ampa’s revenue shot up from £104.8m to £119.2m. Of that turnover, £7.4m was generated by the group’s non-legal service lines, the largest of which is Marrons, a planning consultancy, which […]
Irwin Mitchell’s group revenue exceeded £300m in the past year, driven by a strategic overhaul and a revamped rewards system under new CEO Craig Marshall. Marshall, who was appointed CEO in September 2023 following the loss of the firm’s longstanding CEO Andrew Tucker in August, has spent his first 10 months reassessing the firm’s strategy […]
Profit per equity partner (PEP) and net profit at Eversheds Sutherland International LLP ground almost to a halt last year, with the firm’s revenue growth rate also dipping for a second successive year. PEP growth slowed, rising nominally from £1.29m to £1.3m. Net profit, meanwhile, remained flat with the firm having recorded £175.1m, a slight […]
Kingsley Napley has saved £149,500 in a year, after implementing an initiative that saw it shut half of its six floors on Fridays when most staff work from home. The scheme, first reported in The Lawyer last summer, is called “The Building that Shrinks and Grows”, and sees the firm turn off the lighting, heating, […]
Bevan Brittan’s revenue passed £75m for the first time in 2023/24 as the firm grew for an 11th successive year. The top line increased from £67.3m to £76.2m off the back of exceptionally strong performances for the higher education team (up 37 per cent), the independent health and care team (32 per cent) and the […]
Revenue at Dentons is up 6 per cent across the UK, Ireland and Middle East (UKIME), bringing the firm’s total revenue for the region to £280.5m. Most of last year’s growth was generated outside of the UK in Ireland and the Middle East, with 18 per cent growth in the former and 22 per cent […]