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2015 was a stellar year for Shoosmiths who reported a 10% growth in revenue to £102.7m, as a result of sustained investment, strong client relationships and an established reputation for delivering quality legal advice.
Chief executive Claire Rowe continued to build on the firm’s position as a national 10-office full-service commercial law adviser. The firm, whose clients include Hewlett-Packard and Coca-Cola Enterprises was ranked the 14th ‘best-connected’ law firm in terms of its ties with businesses in the FTSE250.
A 2015 flagship deal saw Shoosmiths’ corporate team help South African retail giant Truworths on the acquisition of an 88.9% stake in fashion footwear chain Office in a £226million deal. Other highlights included advising on the £100m sale of the Hamleys group and the £122m sale of Thorntons to Ferrero.
In May, the firm opened a new London office in the heart of the city in Tower 42, and shortly after announced the launch of its new luxury asset litigation group. Access Legal also continued to grow its practice, winning a number of high profile medical negligence cases for its private clients.
Shoosmiths celebrated another successful year in both the Legal 500 and Chambers directories, which reinforced the firms’ reputation as a leading national law firm with a client centred approach and specialist expertise in all aspects of corporate, commercial, real estate, recovery services and private client law.