Law Firms

Addleshaw FY21 revenues jump 12% to £321m

The group also achieved a total distributable profit of £136m during the period, representing a margin of 42%

International law firm Addleshaw Goddard has reported a 12% year-on-year revenue growth to £321m in FY21.

The group also achieved a total distributable profit of £136m during the period, representing a margin of 42%.

It represents the eighth successive year of income growth at the firm, with profits also continuing “the upwards trajectory seen over the last eight years”.

Moreover, the total bonus provision has been tripled when compared to FY20, which itself was a company record.

The firm’s litigation practice continues to grow roughly 20% year-on-year since 2017, its finance and projects practice increased 11%, while its corporate and commercial, and real estate arms jumped 8% and 7% respectively.

John Joyce, managing partner at Addleshaw, said: “In the last year we have kept many investments on track and our teams have overcome tremendous disruption to support our efforts including the successful opening of our France office a year after launching in Germany and I can’t thank them enough.  

“We will continue to try to be as flexible and supportive as we can be in order to help people succeed and are investing heavily in bonuses this year as well in recognition of people’s efforts.”

He added: “Looking ahead our intention is to build on the growth we have seen and the investments we have been making in order to continue delivering to clients a global business with ever more imaginative and impactful solutions.”

Back to top button