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New turnover record at Ledingham Chalmers

Jennifer YoungLedingham Chalmers, the law firm, saw turnover last year edge up slightly to hit a new record.

It rose by 0.76% 1% to £12.5 million, after increasing by 15% a year earlier.

The firm reported a strong performance in commercial property, reflecting the level of activity within the Aberdeen real estate sector, while all areas of the business, including private client, rural, corporate and litigation, returned solid performances.

The company also has offices in Edinburgh, Inverness and Stirling and chief executive Brian Hay said: “While the uncertainty within the oil and gas sector has impacted the level of activity in commercial work, and residential property in Aberdeen, performance across all areas of the business remains in line with expectations, and we anticipate a further increase in turnover at year-end.”

Chairman Jennifer Young (pictured) added: “These financial results are evidence of our continued, steady year-on-year growth since the firm broke the £10m mark in 2012.

“We continue to invest in the future of the business, with a strong emphasis on our people and developing our infrastructure.”

 



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