Wedlake Bell to boost corporate on back of turnover hike

Wedlake Bell has seen its turnover rise by 16.6 per cent to just less than £20m as the firm launches an ambitious plan to bolster its corporate capability.

The firm, known for its real estate capability, posted a turnover figure of £19.66m for 2005-06, up from £16.8m the previous year.

Profit per equity partner increased £32,000, or 14 per cent, to £262,000.

Managing partner Julian Cuppage told The Lawyer that around 20 per cent of the firm’s current turnover comes from its 10-fee-earner corporate department.

“The plan is to bring the per centage of our revenue up to about 30 per cent and double the number of fee-earners to about 20 over the next three years,” said Cuppage.

The firm recently won BMW as a client for its UK brand protection work while its employment team handles European issues for HR group Convergys.