Boyes Turner reports turnover hike

Reading’s Boyes Turner has recorded its fifth consecutive year of revenue growth. Turnover was up 15 per cent, from £7.2m to £8.3m. Final profit figures were not yet available but chief executive Andrew Chalkley sa…

Reading’s Boyes Turner has recorded a fifth consecutive year of revenue growth.
Turnover was up 15 per cent, from £7.2m to £8.3m. Final profit figures were not yet available but chief executive Andrew Chalkley said he was anticipating around £175,000 per equity partner. This would reflect a slight dip on last year’s £179,000, though the firm has expanded its partnership in the last year with two laterals (litigator Geoff Mendolsohn from Laytons and corporate partner Patrick Walsh from Pinsents) and an internal promotion.
Boyes Turner, a full service firm, saw most growth in its dispute resolution group last year, with revenues rising by 36 per cent. Employment also performed well last year, rising 16.5 per cent. The latter group, said Chalkley, had grown 240 per cent over the last five years. Corporate has grown 200 per cent over the same period, he added, but only managed 3 per cent in the last financial year as the economy failed to pick up in the Thames Valley.