Anderson Strathern sees profits rise 28 per cent to £8.9m

Anderson Strathern sees profits rise 28 per cent to £8.9m

Pictured (L-R): Murray McCall, Bruce Farquhar and Susanne Godfrey

Anderson Strathern has increased revenue by seven per cent for the year to 31st August 2019 to £24.4 million (2018: £22.8m) with profits up 28 per cent to £8.9 million (2018: £6.9m).

Top line growth was supported by increased activity across the commercial, public and private client sectors and client wins during the year included Edinburgh Airport, Skills Development Scotland, General Teaching Council for Scotland and the University of St Andrews.

Among operating highlights, the firm’s dispute resolution team experienced increased commercial litigation and regulatory work, rural land & business handled a series of major land transactions, the employment team continued to benefit from growth in tribunal claims, Brexit-related advice saw a significant increase and the corporate and commercial real estate teams secured growth through a number of large deals. These included advising Soccerworld on the recent acquisition of Goals Soccer Centres.

Murray McCall, Anderson Strathern’s managing partner, said: “The firm experienced revenue growth across all departments during the year and, in an economic environment characterised by uncertainty and not without its challenges, that’s testament to the quality of our people and their ability to deliver first-class and trusted advice to our client base.”

Bruce Farquhar, Anderson Strathern’s chair, said: “Our vision for Anderson Strathern continues to be as an independent legal firm with highly rated teams who can be dynamic and innovative in their approach.

“We have demonstrated this approach during the year through the Meritas, Equity Gap and Amiqus initiatives and we will continue to seek out ways to differentiate ourselves from the sector when we believe this to be in the best interests of both our clients and our people.”

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