Beachcroft posts 14 per cent hike in fee income

Paul Murray

Managing partner Paul Murray said the increase was a result of significant investment in the health and insurance practices.

“Those investments are now beginning to bear fruit, even against the current ­economic backdrop,” ­Murray said. “We’ve also looked hard at our overheads and have adopted a prudent approach to expenditure.”

In May the firm moved into the Welsh legal market with the acquisition of Kingslegal’s insurance ­business. The move gave the firm a base from which to launch its new volume business, B2 from Beachcroft (The Lawyer, 5 May).

This was followed by the launch of a healthcare ­consultancy unit after the hire of former chair of the Healthcare Commission Sir Ian Kennedy as a consultant (The Lawyer, 10 August).