Record turnover for Leeds-based Exchange Chambers

Leeds-based Exchange Chambers has announced record turnover of £30.8m for the 2017/18 financial year – a rise of 7.3% on last year’s £28.7m.

The full-service Set has now set its sights on further expansion in Leeds, Manchester and Liverpool.

Tom Handley, chief executive at Exchange Chambers, said: “It is encouraging to report that Chambers has enjoyed such a strong financial year.  All our departments and practice areas have played their part and our Leeds Chambers has enjoyed its best ever year.”

“Our financial results reflect the quality of our people and the strength of our client-base.  Since opening in Leeds eight years ago, Chambers has gone from strength to strength.”

With over 170 members, Exchange Chambers is one of the largest and most well-resourced barristers’ Chambers in England and Wales.

“Moving forward, our strategy is to further increase our presence and market share on the North Eastern and Northern Circuits.  We will continue to build long-lasting partnerships with solicitors and clients with whom we share values,” added Handley.

In recent years, a number of high quality practitioners, both silks and juniors, have joined Chambers from other leading sets.

Handley added: “We provide our members with outstanding practice development support tailored to individual aspirations – whether it is developing better quality work, increasing earnings, applying for judicial appointments or taking Silk.”

Exchange Chambers has also announced that it will be keeping members’ contributions at the same level, around 12%.“This is a very important measure as it demonstrates sound financial management,” said Handley.

“Members’ contributions are highly competitive while flexible arrangements are also available and can be tailored to the individual.”