Profits up 13 per cent at Morton Fraser

Chris Harte

The firm has increased revenues by nine per cent year-on-year, topping the £20 million threshold for annual billings for the first time in its history (£21.7m), while profits are up 13 per cent this year.

This comes after five consecutive years of growth, a period that has seen the firm become one of Scotland’s most successful independent legal firms.

The strong commercial performance results in another increase to Morton Fraser’s performance-related bonus scheme, which will reward all staff with up to 13 per cent of their annual salary.

Chris Harte, chief executive of Morton Fraser LLP, said: “The quality of our team is the one consistent factor underpinning this period of growth for our business. We have some exceptional talent and some of the best specialist teams in the country. The roster of truly independent Scottish firms is dwindling, and our focus on talent is setting us apart.”

He added: “It would be wrong to assume that a proudly independent firm in Scotland can only do business in Scotland. Our connections and reputation extend not only into the City of London, but also internationally.

“We help overseas clients to assess their options here and also support domestic clients in other jurisdictions, too. We are the only Scottish firm in the Interlaw network but you still need a reputation for excellence to succeed internationally.”