Brethertons appoints new CEO after 28 per cent boost in revenue to £11.1m

Rugby-based Brethertons has replaced CEO Mike Dibbon with commercial litigation and recoveries partner Shaun Jardine to help cement the firm’s growth after a 28 per cent hike in annual revenue.

The firm’s CEO swap comes after a boost of 28 per cent in revenue from £9.03m to £11.1m in the 2013/14 financial year. That followed an 18 per cent rise in revenue growth, from £7.64m, in the 2012/13 financial year.

Brethertons attributed the growth to a good year across its commercial and private client practice areas.

The firm is making several investments in the upcoming financial year, including a £2.3m investment in a new office in Rugby; a new internal case management system to be launched in October; and continued recruitment to match this year’s 66 hires, a spokesperson told The Lawyer.

Jardine was chosen for the job because of his experience developing and implementing new services in the firm’s practice areas as commercial litigation and recoveries partner, according to a statement from the firm. He had worked at Brethertons since 1995 when the firm merged with Auld & Jardine, where he had been a partner for over two years.

Jardine said he was ”extremely excited” about the possibilities for the future for Brethertons. His plans include continuing to improve the firm’s internal technology to help drive down its lockup days.

Dibbon was the firm’s CEO since 2010, and had announced his resignation earlier this year pending the appointment of a successor. He is expected to continue in his role as a conveyancing partner.

Brethertons recruited 66 people in the last financial year, 35 of whom were employed within new positions, and the firm plans to recruit more people across its practice areas throughout the upcoming financial year.