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Rawlison Butler is not a firm that likes to splash its cash.
Rawlison Butler is not a firm that likes to splash its cash. Managing partner Tim Sadka admits that the firm is conservative when it comes to spending, but feels this is a strategy that has served it well. With the economy now looking distinctly volatile, Sadka is keen to stick to this prudent course.
“We’ve been focusing on productivity and we’re not saddled with debt, unlike some firms,” says Sadka, who has steered the firm through steady growth, most recently seeing turnover rise to £6.3m – an increase of 19 per cent – in the last financial year.
The firm’s work book breaks down into private client (30 per cent), real estate (26 per cent), commercial disputes (16 per cent) and corporate M&A (15 per cent), with employment and commercial & IT accounting for the remainder.
Included in Rawlison Butler’s client list is a healthy selection of well-known brands – testament to the firm’s ambitions beyond the borders of Sussex.
“We’re strong on franchising and employment, which offer obvious opportunities to operate beyond our base,” says Sadka. “We do have clients in Gatwick [the firm’s HQ], but the emphasis is on the quality of work, not its location.”
By targeting and lawyering for national clients, the firm has been able to keep many that have grown in size. This includes Suzuki, which it still looks after despite the company moving to Milton Keynes four years ago. Sadka’s “have car, will travel” approach also means clients as far away as the South West and Wales count Rawlison as their firm of choice.
Being debt-free is also an attractive tick in the box for potential merger partners. But despite being contacted several times in the last year, Sadka says he has not seen any opportunities that have encouraged the firm to make the leap. “If the right opportunity comes along we’ll look at it, but the main focus is on growing organically and maintaining profitability,” he adds.
Firm: Rawlison Butler Managing partner: Tim Sadka Turnover: £6.3m Number of partners: 12 Number of equity partners: Seven Number of lawyers: 43 Number of fee-earners: 31 Number of offices: Two Locations: Gatwick, Horsham Main practice areas: Corporate M&A, commercial & IT, employment, commercial disputes, real estate, private client Clients: Swatch, Amadeus, Opodo, Scope, Suzuki, Swarovski, Stagecoach Theatre Arts, Lloyds TSB, Greenshields JCB