ANDERSON Strathern has said profits have risen 13 per cent during the first six months of its financial year.
According to the law firm, which has offices in Edinburgh, Glasgow and Haddington, East Lothian, its turnover grew by eight per cent to £10.5 million in the half-year period to the end of February. It declined to give a first-half profit figure.
The firm recorded revenue of £21.5m in the 12 months to the end of August 2014 and profits of £7.3m.
Along with strong financial performance the firm said it had been successful in winning a number of new clients in the first half of its current trading period.
It highlighted successful tenders for Apex Hotels and Midlothian Council as well as being appointed onto the legal services panel for Scottish Water.
Murray McCall, managing partner, also pointed to the hiring of Paul Brown from DWF as an employment partner and Mark Cowie moving from McClure Naismith as a projects partners as further evidence of the firm's growth. Intellectual property specialist Douglas McLachlan has also joined from DWF.
Mr McCall said: "The first six months of our financial year have been excellent for us and coincides with some great client wins.
"We will continue with our client-first approach and a strategy of building steady growth in the business, both organically and by the lateral hire opportunities that are increasingly presenting themselves to us on the back of industry mergers."
Robert Carr, Anderson Strathern chairman, said: "We have established a powerfully collaborative
firm, both internally and across our client base."
Anderson Strathern said it will be doing a wide range of commercial legal work for Edinburgh-based Apex, litigation and commercial property for Scottish Water and providing litigation and other legal services for Midlothian Council.
Existing clients include INEOS, the Scottish Government, The Crown Estate,
Clyde Gateway, City Legacy, Buccleuch Estates, the University of the West of Scotland and
the Royal College of Nursing.
It was the first law firm to sign up to the Scottish Government's business pledge which includes a commitment to having a balanced workforce, paying the living wage and not using zero hours contracts.
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