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Employment set 11 King's Bench Walk (11 KBW) has grown turnover by 21 per cent, signalling an expansion push and a search for new offices.
Chambers income rose to £13.6m from £11.2m.
Barristers voted down a proposal to move to Staple Inn, and instead adopted a scheme to lease 15 new rooms in neighbouring 10 and 9 King's Bench Walk. 11 KBW barrister John Kavanagh QC said the move had divided opinion, adding: "There were strong views on either side." The set needs more space to house the 12 barristers currently stranded off-site in Temple Chambers and also to leave space to grow.
Kavanagh added: "We're keen to bring the [off-site] people back in, as well as to expand and upgrade the office. We had to think what would be the best way of achieving that."
Kavanagh said it would have been more expensive to move to Staple Inn, and the new rooms next door allow the off-site barristers to transfer immediately.
Head of chambers James Goudie QC has set up a seven-member expansion committee to handle the changes.