North West law firm achieves double digit growth in revenues and profits
North West independent law firm, Brabners, achieved double digit growth in revenues for the year to April 30, 2022, it announced today (January 19).
Turnover rose by 10% to £40.5m, while profit before members’ remuneration and profit shares jumped by 11% to £14m.
The results represent a fifth consecutive year of growth for the firm as it continued to invest in a series of major office relocations, including its new 20,000 sq ft Grade A Manchester office at Barbirolli Square and its relocation to, similar, Grade A office accommodation in Lancashire, on the outskirts of Preston.
The firm has subsequently built on this momentum, announcing its entry into the Yorkshire market in May 2022, and the opening of its new offices in Leeds, at 1 City Square, in November 2022.
As well as delivering a strong set of results, 2021-22 also saw Brabners achieving a number of significant milestones, most notably being named the UK’s Independent Law Firm of the Year at the British Legal Awards in recognition of its commitment to bringing about positive change for its clients, its people and the communities it serves.
Other major achievements in the period included being ranked as one of the UK’s top 25 large companies, and the fourth best law firm, to work for by Best Companies, formerly The Sunday Times Best Companies to Work For List, as well as becoming the UK’s largest law firm, and first outside London, to achieve B-Corp status.
The firm also continued to expand is thriving corporate practice, based on its sector-led approach to the market, and continued to build its position in the legal services market focused on private individuals, through its Brabners Personal brand.
The Brabners litigation and regulatory team also successfully represented a number of high profile clients, including Coleen Rooney in the now infamous ‘Wagatha Christie’ case, England cricket captain Ben Stokes and grime artist Bugzy Malone.
CEO, Robert White, said: “Brabners has achieved so much in the last five years, and the past 18 months have been our strongest yet.
“We continue to focus on building a leading independent law firm – a firm with a national reach, with a strong sense of purpose, that seeks to play its part in bringing about positive change from its position at the heart of the Northern business community.”
He added: “Our investments over the past five years, most recently in our offices in Manchester, Lancashire and now Leeds, have only strengthened our position and have created the environment for our people – guided by our values and culture – to flourish.
“Our outlook for 2022-23 remains optimistic, despite the undoubted challenges we all face, and we look forward to being there as a force for good when it matters most, positioning ourselves as a partner in action.”
