UK law firm TLT saw revenue growth accelerate 11% in the 2025/26 financial year, hitting a record £208m.
Revenue has doubled over the past five years, with the latest results outpacing the 7.5% revenue increase recorded in the 12 months to the end of March 2025.
John Wood, TLT managing partner, said the firm is on an “exciting growth trajectory” by breaking through the £200m revenue mark, predicting that revenue could surpass £300m by 2030 as it looks ahead even further to what will make a successful law firm in 2040.
He added: “Our ambition is not simply to be a bigger version of today’s TLT. It’s to build a firm that is recognised for combining legal expertise, technology, data and sector insight in ways that clients value whilst preserving and enhancing the culture we value so much. You get that right and the numbers take care of themselves.”
The firm attributed the positive growth figures to technology advancements, partner hires, client advice and office expansion.
Investment has continued in its FutureLaw team, which has doubled its headcount with the aim to enhance its services through digital transformation.
In December last year it launched TLT Intelligence, a client-focused AI offering that brings together AI tools and expertise.
This followed the firm joining forces with Legora in June last year in a milestone partnership with the launch of Project Maui to develop its generative AI programme and discover the optimum uses of the technology.
TLT welcomed 22 new partners over the past year across the firm’s locations in eight of its core areas. Eight of those partners are based in its London office as part of a 29-strong team, forming what the firm says is the UK’s largest infrastructure planning and future energy practice.
In addition to advising clients on a range of transactional, investigatory and litigation matters, the firm scored seats on several high-profile panels, including with the Government Commercial Agency’s Legal Panel for Government framework, National Grid, SSE and Transport for London.
It also upgraded its office coverage across the UK, opening a new base in Edinburgh in June last year and expanding its office space in Glasgow after growing headcount by 50% in a year. In December, it announced plans to relocate to new premises in Birmingham.
Other firms reporting financial results this month include Fieldfisher, which posted a modest 4% revenue gain over the past financial year, reaching £398m.
Meanwhile Eversheds Sutherland’s international arm saw revenue increase 8% to £827.1m, an improvement on its figures from last year when turnover increased 3%.
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