DICKINSON Dees law firm has announced an increase in both turnover and profit.
The firm has revealed an increase in profit of 10% to £12.1m and turnover at £46.1m. This follows a year of investment in the business which has included a new office in Leeds, new recruits and an increase in places for newly qualified solicitors.
Managing partner Jonathan Blair, pictured right, said: “We are pleased that we have been able to post a strong result in what continues to be a difficult climate for the professional services sector.
“We have a clear vision for the direction in which the firm is heading and we are continuing to invest in new markets which is already being reflected in these results. ”
The first four months of 2012 have been particularly strong for the Newcastle-based firm, with a 12% increase in income compared to the same period in 2011.
“It’s just over 12 months since we rolled out our 10-year plan to the firm and we are delighted with the progress we have made in such a relatively short time. This is a real testament to the hard work and commitment of our partners and staff,” said Mr Blair.
As part of the firm’s strategy it recently committed to another ten years in its Newcastle office on the Quayside and opened its 17,000 sq ft office in Leeds following rapid growth in Yorkshire.
“We are committed to growing Dickinson Dees and its client base. Having lawyers of a high calibre from newly qualified level right up to partner is crucial for us to continue to provide the quality of service that we do for our clients,” continued Mr Blair.
It is this level of quality that the firm is renowned for and was cemented this year, when it joined an elite of only 1.5% of businesses in the UK to be awarded a Silver Investors in People award.
In the 12 months, Dickinson Dees acted on corporate deals worth over £2.3bn for clients such as Melrose plc and Bellway plc, one of the UK’s largest house builders. It has also won new clients including Liverpool City Council and Leeds City College.
The firm’s public sector practice has also experienced a strong year, winning a number of key appointments, including being appointed by the Government on its second wave of Free Schools.