Dickinson Dees’ national strategy hikes profitability

Newcastle giant Dickinson Dees has posted a 14 per cent rise in both turnover and overall profits.
The firm saw 2002 revenues hit £35.8m, up from £31.5m in 2001, but average profits per partner rose less dramatically, from £280,000 to £300,000. Dickinson Dees managing partner Neil Braithwaite said the lower profits per partner increase was due to a rise in the number of partners at the firm.
He added: “This strong performance has been achieved by continuing to grow the firm’s national presence, while at the same time building on our dominant position in the North East.”
Braithwaite said that every department had recorded a higher turnover than in the previous year.