Legal news: Aaron on the up; Client boost for Pannone Corporate
AARON & Partners, the Chester firm, is celebrating after increasing its annual fee income for a third consecutive year.
Turnover at the firm climbed 9.1% to £7.92m, with particularly strong performances by its corporate & commercial and property teams, where income was up 67% and 36% respectively.
Chief executive Andy Duxbury said: “Examples of some of the projects we have been involved with this year include the £13mi sale of TxtLocal to IMImobile, the £3m sale of Cambrian Parks and Leisure Homes to YFM Equity Partners, the sale of Projen Plc to Capita, the conclusion of the administration of the Ardeth Group of companies and the liquidation of Latham Engineering.”
Aaron & Partners LLP, which was founded in Chester in 1983, has undergone significant expansion in the last two years with the opening of a new Shrewsbury office following its acquisition of Bennett’s Legal in 2013.
Duxbury added: “Our Shrewsbury office is now a £1m operation and has grown way beyond our expectations, to the extent that we fast-tracked a move to larger premises last year. With new people and new work generated across property, commercial and professional practices, the Shrewsbury team has put in a fantastic performance, outstripping the market.
“Our end-of-year figures are something to be proud of; we’ve grown 40% in the last three years coming out of the recession and our clear, strategic positioning is paying off. “
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Pannone Corporate has been appointed to the legal panels of retailer Iceland Foods and engineering, construction and services group, NG Bailey.
Deeside-headquartered Iceland has more than 850 stores and annual sales of £2.7bn.
NG Bailey Group is the UK’s largest independent engineering, construction and services company. Headquartered in Ilkley, West Yorkshire, the family-owned business provides engineering, offsite manufacture, rail, IT services and facilities services across a number of sectors including financial, power and industrial, energy, water and retail.
Pannone corporate managing partner Paul Jonson said: “We are really pleased to be working with the inhouse legal team at Iceland, led by Duncan Vaughan, and the team at NG Bailey, led by Scott McKinnell, and look forward to supporting them.”
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