National law firm Bevan Brittan has reported a 7.2% rise in income to £60.08m for the financial year 2021-22.
Profit was up 6.6% to £15.7m and has risen 158% during the last nine years.
The firm said growth had been seen in both existing and emerging markets, most notably in Financial Services (up by 58%), Independent Health & Social Care (29%) and Energy & Resource Management (24%).
The 12-month period reported saw Bevan Brittan appointed to the Crown Commercial Service (CCS) Central Government legal services panel and reappointed to the leading local government legal frameworks - EM Lawshare, the London Borough Legal Alliance and the NHS Resolution legal panel.
Seven partners joined the firm during the year. Bevan Brittan also announced in May that it had promoted 32 individuals across its four offices, including five new partners, a new legal director, 13 senior associates and 13 new associates.
Bevan Brittan’s Managing Partner Duncan Weir said: “This is another strong outcome, which demonstrates the benefit of diversifying our markets, the strength and depth of our business and the excellent teams we have across the country.
“Exceeding £60m is a significant milestone for us but there is more to come. This has been a team effort and our ability to attract more high-quality, high-profile clients and recruits to Bevan Brittan shows that we are in a strong position to deliver further growth in the current financial year and beyond.
“It also puts us in a strong position to consider options beyond organic growth, including acquisitions. We see a number of potential opportunities to develop our business further and have already had some interest but we will only pursue an acquisition if it was the right move for us.”