Burness Paull sees profits rise to £35.9m

Peter Lawson
Burness Paull has reported profits of £35.9 million and turnover of £93.5m.
Notable client mandates for the year – which saw Burness Paull named UK corporate law firm of the year at the Insider Media UK Dealmakers Awards – included advising:
- AIM-listed i3 Energy on its takeover by Gran Tierra Energy in a deal valued at £174m;
- Dobbies Garden Centres on Scotland’s first contentious restructuring plan;
- the Spence family on the sale of Aberdeen’s Marcliffe Hotel to Balmoral Group;
- Springfield Properties in relation to its partnership with Barratt to deliver a new village settlement of 3,000 homes at Durieshill on the outskirts of Stirling;
- the Scottish Football Association on the sale of UK and international broadcasting rights; and
- On the financing of the 1.1-gigawatt Inch Cape offshore wind farm and the 81-megawatt Pencloe onshore wind project.
Peter Lawson, chair at Burness Paull, said: “A solid year of trading saw growth across all key practice areas, with our corporate M&A, energy, banking and funds, disputes, employment, cyber, and restructuring and insolvency teams performing particularly well.
“This is testament to the hard work of everyone right across the firm and we thank them for their commitment to ensuring our clients receive the highest quality advice.”
He added: “It remains a dynamic business environment characterised by increased levels of investor confidence and transactional activity due to falling interest rates, paired with caution around cost pressures and volatility in global trade policy. We are grateful for the trust our clients place in us to help them make business-critical decisions and further their ambitions in this evolving commercial landscape.”