Bristol-headquartered national law firm Burges Salmon has hailed a 10% increase in annual turnover as a reflection of the contribution and productivity of its people.
The firm, which has an 800-strong workforce across its Bristol HQ and London and Edinburgh offices, grew turnover by 10% to £119.2m in the financial year ending 30 April.
Operating profits were up 5% while profits per equity partner increased by 1% to £517,000 from the previous year.
Growth came from the firm’s key sector groups, including energy and utilities, financial services, private wealth and real estate as well as core practices including corporate, dispute resolution, real estate, and specialist areas such as technology and defence.
Managing partner Roger Bull, pictured, said the growth underlined its sector expertise and the firm’s reputation for highly complex and ground-breaking work while also highlighting the “significant commitment, contribution and high levels of productivity that our people have all once again delivered”.
This was achieved, he said, while maintaining an absolute focus on delivering excellent levels of service to clients, alongside a passion for making the greatest impact it can on the communities where its people live and work.
“I am immensely proud of our talented people. Their collective passion and energy continues to drive our success,” he said.
“We are focused on being a responsible business that is ambitious, sustainable and inclusive, ensuring that our clients, people and wider communities flourish.
“2021/22 saw us deliver a range of initiatives relating to client service delivery, diversity and inclusion, and our international preferred firm network.
“With our collaborative and supportive culture, and our formidable combination of our amazing people and great clients, we’re excited about the future.”
He said the firm had also continued to enhance its market-leading expertise in decarbonisation by bringing together its Net Zero experts across renewable energy, transport, built environment, land use and food production to support our clients’ goals in this critical area.
“Sustainability and ESG [environmental, social, governance] is also core to our purpose and our long-standing commitment to being a responsible business,” he added.
“We are supporting our clients to help them manage risks and identify opportunities, whilst also working hard as a firm to make a real difference in this area.”
Burges Salmon continued to invest in future growth and expand its capability to provide a UK-wide service, he said.
Since May last year it had appointed 15 new partners and 13 new directors, while this May marked the third anniversary of its Edinburgh office, which has continued to grow and now boasts a 45-strong team – led by six partners – focusing on sectors and practices including energy, transport, financial services, real estate, food and drink along with an expanding dispute resolution practice.
“To support existing and future client needs, we have invested further – and continue to invest – in our technology and innovation offerings and have also continued to promote exceptional talent,” he said.