‘Pleased to have continued our upward trajectory’: Shoosmiths continues revenue and profit growth

Facebook
Twitter
LinkedIn

Source: LegalBusiness

Legal Business Law Firm of the Year Shoosmiths has reported another year of growth, with a 7% rise in revenue taking the firm’s turnover to £194.1m following last year’s 8% increase.

Profitability was also up by 3%, hitting £62.7m, while profit per equity partner (PEP) PEP nudged up by £1,000 to £676,000.

These growth rates are down on last year when profits rose by 9% and PEP by 3%. But the firm was nonetheless positive. ‘It’s been a challenging environment for all businesses’, said chief executive David Jackson. ‘To have produced these results at a time of such turbulence is pretty impressive. We’re pleased to have continued our upward trajectory…

Read full article: https://www.legalbusiness.co.uk/blogs/pleased-to-have-continued-our-upward-trajectory-shoosmiths-continues-revenue-and-profit-growth/

Sign up for our newsletter

Get weekly news and insights delivered straight to your inbox!