The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
McGrigors has posted half-year results that reveal a 25 per cent growth in fee income compared with the same period last year.
The results coincide with an increase in merger-related market rumours surrounding the Scottish-headquartered firm.
Turnover at McGrigors grew to £29.6m for the first six months, a figure that, if matched in the second half of its year, would take the firm's total revenue to around £60m.
The firm's managing partner Colin Gray said the six-monthly figures showed the continued growth McGrigors was enjoying from a strong business pipeline.
"The 25 per cent year-on-year growth reflects the high quality of the work that we’re undertaking for a number of large clients," added Gray.
In the last six months McGrigors has advised on a succession of major projects, including a £122m waste water PPP deal in Northern Ireland, the $550m (£274.71m) acquisition of Talisman Energy's North Sea assets and the €945m (£642m) Austrian roads PPP.
Despite the strong results, McGrigors has been linked recently to a number of firms, including Eversheds. Both firms have denied that they are in merger talks.
Along with its half-year results, McGrigors has also announced its latest crop of new partners. Glasgow-based real estate specialist Alan Cook and London-based tax lawyer Rupert Shiers have both entered the partnership.