Law business to pay staff bonuses of around £1,000 after a ‘good’ year
LAW FIRM Mills & Reeve is to pay its staff members a bonus of around £1,000 after reporting a solid year of growth, with turnover rising to £114.1m – an increase of 2.9 per cent on the previous year.
The firm, which has an office in Leeds, enjoyed a strong financial performance, despite a challenging last quarter that ended in May.
A full-time member of staff, who has been with the firm from June 1, 2019 to May 31, 2020, will receive a £966 bonus while a fulltime member of staff who has worked at the firm for five years will receive £1,111.
The bonus is pro-rated for part-time employees and staff who have been with the firm for less than a year.
Philip Way, head of the Leeds office at Mills & Reeve, said: “Mills & Reeve and the Leeds office have had a very good year and our plans for the year ahead are exciting. Covid-19 has presented challenges for businesses in every sector. Everyone in the office has pulled together to work round the obstacles presented by the virus in a way which has made us all very proud.”
In Leeds, Mills & Reeve reported a 10 per cent rise in fee income following organic growth and new client wins across all practice areas.
Claire Clarke, managing partner at Mills & Reeve, said: “It’s easy to forget the months before lockdown and focus instead on how we meet the
Everyone has pulled together to work round the obstacles.
Philip Way, head of the Leeds office at Mills & Reeve.
challenges and opportunities presented by the pandemic but I am enormously proud of everyone in the firm and what we have achieved throughout the year. Our growth last year has, without doubt, been affected by the coronavirus pandemic impacting our final quarter. Undaunted, we have worked incredibly hard, maintaining our commitment to and delivering for our clients.
“We are responding to the challenges through new ways of working, maintaining our culture and commitment to our people as a great place to work and continuing to invest in technology and infrastructure.”