Annual turnover at regional law firm Thrings, which has its largest office in Swindon, has leapt by 10% to £27.5m – the second consecutive year it has achieved double-digit growth.
The firm said a client-focused strategy and modern and transparent pricing models coupled with strong organic growth contributed to the increase in the year to the end of April
Turnover at the firm – which also has offices in Bristol, Bath and London – has increased by 28% in the past two years.
Its core divisions – corporate, commercial property, agriculture and company commercial – clocked up strong performances, the firm said.
These divisions acted for a number of international, national and Swindon-based clients during the year including household and healthcare products group Reckitt Benckiser, cycle and auto parts retailer Halfords, Cheney Manor-based automotive and aerospace supplier Dynamatic and Blagrove-based truck importer MAN Truck & Bus UK.
Meanwhile, Thrings has appointed four new partners and six new associate solicitors – half of whom joined as trainees.
Commercial and corporate finance lawyer John Richardson, property dispute resolution specialist Gemma Featonby, agriculture litigation and business crime expert Russell Reeves and private property solicitor Bill Thomas increase the size of Thrings’ partnership to 63.
The new associates are employment solicitors Carey Cooper and Natasha Dowding, commercial litigator Hannah Brophy, and three members of Thrings’ commercial property team – Natalia Sokolov (construction), Charlotte Dooling (property) and Matt Smith (property dispute resolution).
Managing partner Simon Holdsworth said: “This has been another extremely strong year of growth for Thrings in an increasingly confident and buoyant legal market and amid ever-improving economic conditions.
“The new partners and associates have all made a huge contribution to the ongoing success of the firm. The promotions are well-deserved and testament to the high standard of legal advice each provides in their respective practice area.
“Thrings is fortunate to have a rich and deep talent pool, and I am confident all 10 lawyers will continue to thrive and grow their respective areas of the business while remaining fully focused on supporting their clients’ commercial and strategic objectives.”
Pictured: Thrings' new partners, from left, Bill Thomas, Russell Reeves, Gemma Featonby and John Richardson