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Tuesday, 22 May 2012
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Anderson Strathern

Turnover (£m): 20.4
RPL (£k): 161

Scottish firm Anderson Strathern had a solid 2010-11, producing a turnover rise of 3.6 per cent to bring revenue back to above £20m for the first time since before the financial crisis. The final figure of £20.4m came alongside a healthy profit of £5.7m, representing a margin of 28 per cent. Average profit per equity ­partner was £157,000 and the average ­earnings per partner figure was not much lower at £137,000.

The firm made some changes to its ­partnership system in the year, instituting a merit-based allocation for its 36 equity ­partners on top of their points-based portion of profit. Anderson Strathern also had 13 fixed-share equity partners. The number of partners has risen since the end of the past ­financial year with the acquisition of Glasgow-based property boutique Bell & Scott in July 2011.

Anderson Strathern has refocused its ­practice areas and is building up its private client and renewable energy teams.

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