Profits and turnover rise
Anderson Strathern boosted by record year of growth
Scottish legal firm Anderson Strathern has reported record results with increased turnover from £21.5m to £22.8m and profits up by 10%.
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 2017.
The law firm’s chairman, Bruce Farquhar said: “Our record results for 2018 show that our growth strategy is working well and that Anderson Strathern is going from strength to strength.
“Our strategic focus on appointing key people both in the legal and business functions to help us with that growth will continue. All the indicators are that we will also have a strong 2019.”
Client wins, panel appointments and increased activity across the firm’s private client, commercial and public sector practice groups contributed to overall growth at Anderson Strathern during the year to the end of August.
Managing Partner Murray McCall also attributed the increased turnover and profits to a clear focus on business operations and productivity gains through smarter working across the firm.
He said: “The year was one of good housekeeping and gains, achieved through teams working smarter across the firm and followed significant investment in our people and technology in 2017.”