Mills & Reeve posts record turnover of £114 million

Mills & Reeve posts record turnover of £114 million

Mills & Reeve has enjoyed a solid year of growth with turnover rising to £114.1 million—an increase of 2.9% on last year.

The national firm, which has an office in Leeds, demonstrated a strong financial performance, despite a challenging last quarter that ended in May, and has announced an all staff bonus of around £1,000 for every employee depending on length of service.

The results follow a year in which Mills & Reeve has achieved some significant milestones, not least of which included migrating nearly 1,000 employees from the office to working from home within 24 hours of the first government request to do so.

Pre-lockdown achievements included several award wins, a commitment to the Mindful Business Charter and the launch of various initiatives to back its diversity and inclusion objectives.

Commenting on the last 12 months, Claire Clarke, managing partner at Mills & Reeve, said: “It’s easy to forget the months before lockdown and focus instead on how we meet the challenges and opportunities presented by the pandemic but I am enormously proud of everyone in the firm and what we have achieved throughout the year.”

“Our growth last year has, without doubt, been affected by the coronavirus pandemic impacting our final quarter. Undaunted, we have worked incredibly hard maintaining our commitment to and delivering for our clients. We are responding to the challenges through new ways of working, maintaining our culture and commitment to our people as a great place to work and continuing to invest in technology and infrastructure.”

“Whilst we remain in challenging times this has put us in a really strong position as we launch our 2025 strategy, outlining our ambition to become a leader in client experience, innovation, talent development and in the sectors and markets in which we operate.”

Categories: Business Development, News

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Mark Dugdale

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