Bevan Brittan builds upon last year’s record revenue and profit growth
The law firm Bevan Brittan LLP – which has offices in Toronto Square in Leeds – has reported continued growth in both revenues and investments for the financial year 2018/19.
Key financial results were:
- Turnover: £46.0m – up 4.5% (2017/18 – £44.0m, 2016/17 – £39.2m)
- Net profit: £9.97m – up 4.2% (2017/18 – £9.56m, 2016/17 – £7.8m)
With 40 legal professionals and support staff in the city, including ten partners, the firm made substantial investments in its capability and capacity in one of the UK’s most dynamic regions.
Michael Boyd, Bevan Brittan’s office head in Leeds, said:
“This has been another strong financial year for the firm and since 2012/13 we have, over the last 6 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.
“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.
“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.”
Highlights for the firm in Leeds during the year included:
- On expanding and refurbishing its office space in Leeds, the firm signed a new ten year lease – underlining its commitment to the city
- The Chambers directory ranked the Leeds office’s Social Housing team in Band One for the second year running, with three Leeds housing partners ranked Band One individually (Hugo Stephens, Julie Cowan-Clark, Richard Stirk)
- Michael Boyd (Healthcare) and Judith Barnes (Local Government) were also ranked in Chambers, meaning five of the ten Leeds partners achieved a ranking. In addition, Judith Barnes was also named as a ‘leading lawyer’ in the Legal 500 directory
- The office recruited a number of strong additions, including Judith Hopper who joined from DLA Piper as a litigation partner specialising in PFI/projects disputes; Susan Trigg who joined as a Senior Associate in clinical risk – the firm’s first medical law specialist to be based in Leeds; and David Kitson who joined as a Senior Associate in local government, joining the firm from Scarborough Borough Council
- Upgraded IT Infrastructure with a new practice management system and software to further support agile working
Bevan Brittan welcomed 300 new clients, including Barchester Healthcare, Shawbrook Bank and Leeds and York Partnership NHS Trust and continued to advise and support a range of clients including Engie; Yorkshire Housing and A Shade Greener Finance Services.