Law firm upbeat as revenue rises

Tim Halstead

Top 200 corporate law firm Shulmans has seen revenue rise to £13.2m for 2016/17 following an uplift in fee income of 7.5% last year.

The Leeds firm says it has grown in all aspects of its business including the number of employees, now totalling more than 190 people, increasing its number of partners and occupying a third more office space at 10 Wellington Place since moving in three years ago.

High profile clients in the region and nationally include BetFred, Greggs and Barratt Homes, with the addition of motorway service station operator Extra MSA and Avant Homes in the past 12 months.

Shulmans’ international presence also continues to strengthen through work with the likes of Ghana International Bank and Zollner Group GmbH.

Shulmans’ corporate finance team had a strong year with over £250m of merger and acquisition transactions concluded in 2016.

Meanwhile, the firm’s property specialists handled more than £4bn of secured lending work last year.

Managing partner Tim Halstead said: “Shulmans’ sustained success and growth in fees is testament to the outstanding legal talent within our ever-growing team. Retention and development of our people continues to be a priority at the heart of our growth strategy.

“We are proud to be one of the UK’s fastest rising full service corporate law firms, with our single site office enabling us to deliver excellent client service in a highly agile and effective way.”

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