South West: Growth at Exeter-headquartered firm Michelmores has hit a 10-year high following a period of inward investment. Revenue at the firm climbed 14 per cent from £42.8m to £48.8m, just shy of the psychologically important £50m revenue barrier, which the firm is likely to hit next year. Managing partner Tim Richards said turnover was […]
Leeds: Mills & Reeve is soon to double its footprint in Leeds with the relocation of its office. Beyond the Bubble, in association with LexisNexis: While the firm is staying put at 1 City Square, it is vacating its current premises on the fourth floor and has agreed to take a 10,200 sq ft office […]
No, don’t worry, Paul Weiss and Kirkland have not further stretched their partner compensation to £30m, so wipe away that bead of sweat that just appeared on your forehead. The £30m being referred to here concerns the UK’s independent firms – more specifically, the firms that have not reached this revenue milestone. There are 84 […]
Scottish Independent Anderson Strathern is planning to move its financial year-end from its current 31 August to 31 March, a shift that will result in a seven-month fiscal period for 2024/25. The move is the firm’s response to HMRC’s basis period reforms and is aimed at reducing the admin burden on business services staff and […]
London: Lincoln’s Inn firm Hunters Law has rebounded in the 2023/24 financial year, posting a 10.2 per cent revenue rise, from £12.7m to £14m. Beyond the Bubble, in association with LexisNexis: The firm had flatlined for several years, dancing between £12.1m at the lower end to £12.7m at the higher end for the previous five financial years. […]
Every year we bid goodbye to famous old names from Britain’s legal scene. Whether by merger or misadventure in the last few years the likes of BLM, Coffin Mew, Ince, RadcliffesLeBrasseur and Taylor Vinters have made graceful or not-so-graceful exits from the ranks of the UK200. But every mighty tree that falls in the forest […]
Yorkshire firm Switalskis has rolled out its first formal bonus scheme, as the firm edges closer to the £30m revenue mark. The new scheme came into effect in April 2024, replacing the previous approach whereby bonuses were issued on an ad hoc basis. The new scheme is split into two tiers. The first tier is […]
Clarion is making significant strides in the international legal market – despite having only one office and belonging to no formal network.
Junior lawyers at regional outfit Howes Percival are being encouraged to adopt a greater range of communication methods with clients, as firms seek to address generational differences between associates and partners. The firm, with locations across Cambridge, Leicester, Manchester, Milton Keynes, Northampton, Norwich and Oxford, said it is responding to changing behaviours in both clients and associates. It is encouraging its […]
South: A couple of weeks ago Lester Aldridge and Mackrell Solicitors announced their forthcoming merger. Beyond the Bubble, in association with LexisNexis, caught up with the former firm’s managing partner Matthew Barrow to get the lowdown on what it means for the two firms. For South Coast firm Lester Aldridge, this is very much a move […]
Many firms can empathise with the challenges faced by healthcare and charities firm Hempsons in recent years. It is a sector leader in the health market, with more than 150 healthcare, foundation trusts and commissioners on its books, and is currently instructed in the Infected Blood Inquiry for the UK Haemophilia Centre Doctors’ Organisation. This […]
Lawfront, the business backed by private equity firm Blixt Group, has made its eighth acquisition of a law firm, and its third in the last 12 months, as it continues its expansion. Manchester-headquartered full-service practice Slater Heelis is the latest to be acquired, with Farleys, Fisher Jones Greenwood and Nelsons the other large firms to […]