0370 270 6000

Browne Jacobson generates 17% turnover growth

6 June 2012

Browne Jacobson has posted a record set of financial results for the second year in succession.

For the 12 months to April 2012 turnover rose to £41.3m, a 17.3% increase from last years £35.2m. The year on year increase is the highest recorded by Browne Jacobson for over a decade and has been delivered without acquisition or merger.

The double digit growth enjoyed by Nottingham (16), Birmingham (17) and London (26) is expected to be shared in the year ahead by its most recent venture in Manchester, which opened in the heart of the Citys business district in January.

In 2010 Browne Jacobson launched a firmwide performance award scheme, enabling everyone to share in the results of a successful year. The exceptional 7 award being paid to employees this summer will add to the feel-good factor already being enjoyed as the firm moves into its new 60,000 sq ft offices at Mowbray House in Nottingham later this month.

The firm has also been actively investing in teams across its four office network, adding 79 bringing the total headcount to 596. New partner arrivals have included Tim Claremont and Juliette Shaw bringing the total number of lawyers to 304, of which 78 are partners. This was in addition to the 5 partner and 12 associate promotions announced in April.

New clients added over the past twelve months included the Catholic Diocese of Nottingham, Coventry City Council, East Midlands Housing Group, North York Moors National Park Authority, Musion Systems Ltd, logistics giant Ballyvesey Holdings, Inspired Gaming, Wesleyan Assurance and Affinion International, the worlds largest provider of packaged financial products.

Other notable achievements for the Browne Jacobson included being awarded Law Firm of the Year by Birmingham Law Society and Legal Advisers of the Year at the Education Investors Awards for its ground-breaking work on the Governments academies programme which has seen the firm being instructed on over 330 academy conversions to date.

Managing Partner Iain Blatherwick, said:

"These results herald another landmark year for the firm. It is a phenomenal achievement by all involved, well above the average growth anticipated across the UKs top 100 law firms.

"All areas of the business have performed well, exceeding our expectations.

"It is particularly pleasing considering this growth is purely organic and has been achieved without merger or acquisition, although we do not rule out acquisition being part of our strategy going forward.

"Our sector based strategy, increased investment in our offices, people and technology and delivering exceptional levels of client service has been a winning formula.

"We are committed to growing income further over the next twelve months by taking full advantage of our strength in depth across key core sectors including retail and IT, health, public sector, education and insurance."

Focus on...

Published articles

Building systems – the lessons to be learned

At Browne Jacobson, we have been working with NHS and local government bodies at national and more local levels on this system reform, and so this is a question we’ve been working to answer for some time.

View

Press releases

Brace of awards for Browne Jacobson at Insider East Midlands Dealmakers Awards 2022

Browne Jacobson’s corporate finance team is celebrating after winning the prestigious “Corporate Law Firm of the Year’ award at this year’s East Midlands Dealmakers Awards.

View

Blogs

Vaccinations in the Workplace: a higher expectation than one may think

There is currently no legislation requiring employees within the UK to have the COVID-19 vaccine. However, a recent Acas survey found that approximately 22% of employers intend to require their new staff to have the COVID-19 vaccination, and 21% would require their existing staff to be vaccinated too.

View

Legal updates

Integrated Care Systems: practical steps for 1 July 2022

ICSs have been introduced with the intention of uniting the operations of hospitals, community-based services, and health and social care bodies across their respective places.

View