Upward trajectory ‘is continuing’ for ambitious IP firm

Intellectual property law firm Barker Brettell has ambitions to continue its strong growth after revealing a 13% increase in profits.

The Edgbaston-based firm generated £6.28m to share among its 13 members in the year to March.

Its results represent a 31% increase in revenue and a 38% increase in profits in just two years.

“After another excellent year, Barker Brettell is continuing its upward trajectory,” said Andy Tranter, managing partner at Barker Brettell.

“Most recently this has been driven by focusing on priority sectors, our secondment programme which has secured globally-recognised clients and attracting key hires, all of which has helped us to better support and service clients.

“It is particularly pleasing to see growth in our infrastructure, which we will look to build on further next year.”

Barker Brettell now employs 60 attorneys and has an international outlook. The firm generated 57% of its £27.4m turnover from outside of the UK and has benefitted from the uncertainty around the UK’s future trading arrangements with Europe.

John Lawrence, senior partner at Barker Brettell added: “The prospect of Brexit hasn’t hampered the pace of our IP work – in fact this year our clients have increasingly turned towards us for strategic direction on their IP portfolios.”