Law firm reports sixth year of revenue growth
Law firm Bevan Brittan, which has an office at Toronto Square in Leeds, has reported a rise in revenue for the sixth year in succession.
Turnover for 2017/18 was up 12 % to £44m from £39.2m the year before.
The firm also reported net profit of £9.6m, up 23% to £7.8m.
Michael Boyd, office senior partner in Leeds, said: “Bevan Brittan has had a strong financial year supported by increased business activity nationally, and in particular here in Yorkshire. We are benefiting from the delivery of a clear strategy to broaden our markets and range of clients; to invest in the talent across the firm; and identify and attract new hires and to invest in new technology. Since opening the Leeds office in autumn 2015, we have grown to over 30 lawyers of whom ten are partners – and we plan to expand the office further as business volumes continue to rise.”
During the year, client appointments and activity across healthcare, housing, local authority, property and the wider private sector in Yorkshire included:
· Advising a range of local businesses including Hornbeam Park on their acquisition programme and A Shade Greener on their growing secured lending book
· Expanded role on the West Yorkshire Legal Framework (WYLAW) which comprises the five local authorities of West Yorkshire (Leeds, Kirklees, Bradford, Calderdale, Wakefield) and also York
· Advising some of the largest Housing Associations across the UK, including Places for People, Yorkshire Housing and Together Housing
· Expanding its range of property, commercial and employment work for healthcare organisations across the region including NHS Property Services, Community Health Partnerships and the Leeds Teaching Hospitals NHS Trust.
This year, 14 lawyers were promoted within the firm including three in Yorkshire.
Bevan Brittan managing partner Duncan Weir said: “Bevan Brittan now has a balanced client portfolio, partnering a significant number of local authorities and NHS and independent health & social care providers across England and Wales, with a vibrant housing practice and advising more than 300 businesses. The private sector now represents over a quarter of our total revenues.
“Strategically, to sustain this level of growth, we will continue to invest in our future legal talent both in Yorkshire and nationally to maintain our high standards of client advice.”
