Anderson Strathern posts record turnover of £22.8m

BREXIT cases have helped Scottish legal firm Anderson Strathern to a record

£22.8 million turnover and profits up by 10 per cent to £7.2m, writes Brian Donnelly.

The firm’s organic growth trajectory over the last 12 months has been underpinned by significant lateral hires and investment in its business support areas, including the finance function headed by former PWC director Susanne Godfrey who joined Anderson Strathern as finance director in November last year, it said.

Client wins and increased activity across the firm’s private client, commercial and public sector practice groups contributed to overall growth at Anderson Strathern in the year to August during which turnover was up 6% from £21.5m in 2017.

The company, which has £270m under wealth management, 52 partners and over 240 employees across Edinburgh, Glasgow and East Lothian, said it is seeing growth across the board in the legal sector but “particularly in commercial litigation for a number of reasons, including Brexit”.

Managing partner Murray Mccall said the year “was one of good housekeeping and gains, achieved through teams working smarter across the firm”.

Bruce Farquhar, the firm’s chairman, said: “All the indicators are that we will also have a strong 2019.”