EDINBURGH-headquartered law firm Anderson Strathern made up some of the ground it lost the previous year in 2016/17, with turnover rising by just over two per cent to £21.5 million.
In the preceding 12-month period the figure had fallen by three per cent from £21.7m after a drop off in activity in the run up to and immediately after the Brexit vote impacted on its top and bottom lines.
The firm’s financial year runs to the end of August so two full months of trading after the vote were included in the previous year’s figures.
The firm was able to lift its turnover figure last year after bolting on dispute resolution practice ADLP and private client firm Jeffrey Aitken during the period.
It also signed up a number of new clients, including the National Library of Scotland, Glasgow City Council, Loch Lomond National Park and the Crown Office and Procurator Fiscal Service.
While the firm did not reveal the amount of profit available for distribution among partners, it said its pre-tax profit figure rose by six per cent from £6.4m to £6.8m.
That figure had fallen by 13.5 per cent from £7.4m the previous year, with the amount available for partners falling from £7.2m to £6.1m.
Managing partner Murray McCall said the 2016/17 results were “testament to our collective efforts, skills and an ability to collaborate with our client base and intermediaries to achieve the best possible outcomes”.
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