Browne Jacobson boosts turnover by 12% to record high

Top 50 firm more than doubles revenue in a decade as turnover in year to 30 April 2024 rises to £118m

Richard Medd Shutterstock

Browne Jacobson has rung in this year’s financial reporting season, announcing it grew turnover by 12% in the year to 30 April to a record high of £118m. 

The top 50 UK firm did not disclose its profits per equity partner, but noted it has more than doubled turnover in the past decade, from £50m in 2014, which it said had been achieved through a combination of “client wins, strategic partner hires and new office openings”.

The firm has grown its lawyer ranks by 13% over the past year to nearly 580, according to Pirical, and over the past two years has opened offices in Cardiff and Dublin, giving it seven locations across the UK and Ireland. 

Over the past year the firm’s public and private sector client portfolio has been bolstered by instructions from the likes of Siemens, Sanctuary Housing Group, Department for Transport, EI Electronics, University of Plymouth, St John Ambulance and Voyage Care.

Key hires over the course of the year included Emma Capper as head of employment from Fieldfisher and William Darmody from Maples Group to lead the Dublin corporate team, alongside restructuring and insolvency duo Stephen George and Amy Keogh in Birmingham from Irwin Mitchell. 

In May the firm also recruited a technology and commercial law team from EY Law led by Rowan Armstrong and Alex Mason to bolster its capabilities in end-to-end legal technology services, and also made 35 partner, legal director and senior associate promotions. 

Richard Medd, managing partner at Browne Jacobson, said the firm’s “powerful growth trajectory” was “built on progress across all of our offices and sectors, and rewards our continued commitment to our balanced practice. It also allows us to invest more in our people, technology and processes to ensure we can continue to support clients in their biggest challenges”.

He added: “The past year has been another exciting chapter. Our geographic footprint continues to expand with a new office in Cardiff and the first full year of trading for our Dublin office, which extends our reach into the EU. We also have plans to significantly increase our headcount in key growth markets across the UK and Ireland office network over the next few years, and will continue to explore options to grow our talent base and client offer.”

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