Bevan Brittan has reported continued growth in revenue for the previous financial year, as the firm made substantial investments in its capability and capacity in Leeds.
Turnover reached £46 million during the past financial year, up 4.5% from the £44 million generated in 2017/18.
The firm’s net profit also increased, reaching £9.97 million.
Michael Boyd, Bevan Brittan’s office head in Leeds, commented: “This has been another strong financial year for the firm and since 2012/13 we have, over the last six years, organically grown our revenue by 40%.”
“We have built upon last year’s excellent growth in revenue and profit and invested in new systems and processes to support our clients, attracted new talent and begun refurbishing our offices.”
Bevan Brittan signed a new 10-year lease for its office in Leeds, following a significant expansion and refurbishment. It also upgraded its IT infrastructure with a new practice management system and software to further support agile working.
The firm recruited several new faces in Leeds over the past year, including litigation partner Judith Hopper, clinical risk senior associate Susan Trigg, and local government senior associate David Kitson.
Boyd pointed to the vibrancy of the Northern economy as a major factor in Bevan Brittan’s success in the past 12 months.
He said: “There is a vibrant economy in the North, with a dynamic market and great potential for growth. The firm has a clear strategy for a balanced client portfolio that focuses on local government, the NHS and independent and social care and the wider housing sector—and also expanding into new markets focused upon energy sustainability, manufacturing and technology. As a result we now advise more than 800 businesses.”
“During the year, we have recruited senior legal professionals that have broadened our offering in specialist areas including corporate and commercial, regeneration and property, information law and the digital economy.”
He concluded: “Seven years of continuous revenue growth has given us the solid financial performance platform to invest in and maintain excellent service delivery for our clients. In Leeds, we have successfully doubled the size of our office, fitting it out to a high standard and supporting true agile working for all our staff.”