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Organic Growth Fuels Further Rise in Turnover at Thrings
Leading commercial law firm Thrings has recorded a second double-digit rise in turnover in as many years.
A continuation of the firm’s client-focused strategy, modern and transparent pricing models and strong organic growth have all contributed to turnover increasing by 10 per cent to £27.5m for the year ending 30 April 2015.
The financial results represent another year of substantial growth for Thrings – which has offices in Bristol, Bath, Swindon and London – whose total turnover has now increased by 28 per cent in the past two years.
Its success has been boosted by strong performances from its core divisions – Corporate, Commercial Property, Agriculture and Company Commercial – which have acted for a number of international, national and South West-based clients, including Reckitt Benckiser, Halfords, Dynamatic Ltd, MAN Truck & Bus UK, Essilor, Milsom Place Limited and Teleperformance.
Meanwhile, as further demonstration of its continued investment in staff and clients, the Top 100 law firm has appointed four new partners and six new associate solicitors – half of whom joined as trainees.
Commercial and corporate finance lawyer John Richardson, property dispute resolution specialist Gemma Featonby, agriculture litigation and business crime expert Russell Reeves and private property solicitor Bill Thomas increase the size of Thrings’ partnership to 63.
The new associates are employment solicitors Carey Cooper and Natasha Dowding, commercial litigator Hannah Brophy, and three members of Thrings’ commercial property team, Natalia Sokolov (construction), Charlotte Dooling (property) and Matt Smith (property dispute resolution).
Simon Holdsworth, managing partner of Thrings, said: “This has been another extremely strong year of growth for Thrings in an increasingly confident and buoyant legal market and amid ever-improving economic conditions.
“The new partners and associates have all made a huge contribution to the ongoing success of the firm. The promotions are well-deserved and testament to the high standard of legal advice each provides in their respective practice area.
“Thrings is fortunate to have a rich and deep talent pool, and I am confident all ten lawyers will continue to thrive and grow their respective areas of the business while remaining fully focused on supporting their clients’ commercial and strategic objectives.”