TLT hits £71.6m

LAW firm TLT has reported a 15% increase in turnover to hit £71.6m for its latest financial year.

The results come at the end of the firm’s current ambitious three year strategy, during which time the firm’s revenue increased by 45% and its people numbers by 60% to top 1000.

Partner numbers increased to 111.

The firm, which has an office in Mancehster, is due to launch its new three year strategy in the summer.

Managing Partner David Pester said: “Over the last three years we have expanded into disrupted UK markets to win market share and deliver against our strategy through organic growth and tactical team hires. These significant investments to build our UK business underpin our results this year.

“We have expanded in all our locations as part of strengthening our UK presence in response to client demand.

“We will now turn our energy to the next stage in our development. Specifically, looking at how we continue to deepen our expertise and stay relevant to our clients in a changing legal services market.”

TLT rejigged its senior management team this year with real estate head Andrew Glynn taking over as senior partner and energy & renewables head Maria Connolly taking over leadership of the real estate group.

The firm has also made a major investment to transform its city centre head office into a modern, collaborative work environment.

The project follows a full review of its real estate with new offices or expansion/refurbishment of existing space in Belfast, Edinburgh, Glasgow and Manchester over the last three years.