Double-digit growth for the ninth year in a row at Clarion
Law firm Clarion has reported a turnover of over £30m in the 2022/2023 financial year.
It means the Leeds-based business, which now employs more than 300 people, has achieved double-digit growth for the ninth year in a row, with an increase of 15% year-on-year. It has managed growth of 112% in the past five years.
Roger Hutton, joint managing partner, said: “We’re incredibly proud to have achieved our goal of hitting double-digit growth in the recent financial year.
“It’s all down to the hard work of our team, and the expertise and entrepreneurial spirit they bring to every client interaction.
“We’re proud to be a Leeds firm with a national reach, and with Leeds having firmly established itself as a major legal hub, we look forward to welcoming even more top tier talent as we plan further growth.
“As we look forward, we’re optimistic that we can keep up the momentum of year-on-year growth and continue to drive the business forward, hitting additional growth for next year.”
Clarion’s corporate practice grew by 23%, capitalising on a year of strong liquidity with a surge in both international and national investments.
The corporate team worked across a total of 55 deals including acquisitions by logistics operator Expert Distribution, international manufacturer Autajon Group, security provider in the hospitality industry Professional Security and fast-growing European business, Assisi Pet Care Limited.
The Real Estate team achieved growth of 21%, driven by a strong development across the region.
Elsewhere, the Private Wealth team recorded growth of 24%, supporting clients across the UK.
The firm has a growing national portfolio including brands such as Persimmon Homes Limited, Frasers Group plc, GXO Logistics, Inc. and ASICS UK Limited.
Clarion also strengthened its international footing, doubling the number of countries it facilitates clients in to 75 worldwide, including Australia, France and Germany.
