Weightmans bullish after year of progress

NORTH West-based national law firm Weightmans LLP has revealed a year of progress with fee income up 6.6% to a record £87m, profits rising and debt being cut.

The top 50 firm, which has its headquarters in Liverpool and offices in  
Birmingham, Dartford, Glasgow, Knutsford, Leicester, London and Manchester, said net profit increased by 2% to £24.1m and debt was cut 64% from £9.6m to £3.5m.

The firm said factors in its improved performance had been a “transformation project”, which include changing technologies and working practices to match client demand,  launching a new Insurance Business Line, and a number of key hires.

Managing partner John Schorah said: “The figures are a direct result of our commitment to providing a truly authentic exceptional client service, innovative solutions and above all, teamwork.

“This is a real testament to the hard work of our people. I would like to thank everyone for their continued efforts and our clients for their continued support.”
 
Looking ahead, Mr Schorah said: “We have an exciting year ahead, starting with our involvement in the International Festival of Business this summer. Over the next 12 months we will continue to invest in our business, for our clients and our people, and strengthen our brand as we continue to grow.”