Pitmans Law has announced another successful financial year-end with growth targets met – including an average 5% revenue growth across its key service areas of real estate, pensions, corporate and commercial and dispute resolution. A year-on-year increase of 13% per partner profit has also been achieved.
John Hutchinson, Pitmans Law managing partner, said: “By focusing on building trusted relationships with our commercial clients and providing City quality legal advice at a competitive price, we have experienced another successful year at Pitmans. As well as our strong financial performance, we’ve welcomed nearly 50 new people to the firm and announced six new partner posts. By operating as one team of great people we’ve built a robust platform for future growth. Investment in our people, our systems and our infrastructure is paying off and we’re looking forward to an even more exciting year to come.”
Pitmans Law was named as one of seven best-performing ‘trailblazing’ firms in The Lawyer UK 200 report. It recently won Lawyer of the Year in the Thames Valley Deals Awards and it continues to achieve top-tier rankings in the legal directories, Chambers and The Legal 500. It has also experienced a succession of high-profile deals including the sales of Sipsmith and Ridgeway; two of the key deals in the drinks and automotive sectors for the year.
The firm has also continued its commitment to diversity with two female partner promotions which means 35% of Pitmans partners are women.
*All figures are based on unaudited accounts as at the end of the financial year, April 2016 to May 2017.