Bristol-based TLT Solicitors law firm has closed in on the £100m mark in a year when the law firm elected its first new managing partner in almost two decades, according to a report in InsiderMedia.
In the year to 30 April 2020, revenue climbed by 13 per cent rise from £87.6m to £98.8m.
Growth across its focus sectors continues to drive the firm’s revenue increase, with major projects for financial services clients, supporting EV infrastructure and energy storage initiatives, significant work for central and local government, and major new client wins in the retail and digital sectors.
TLT managing partner John Wood (pictured above) said: “We had a strong year last year as we continued with our strategy to build expertise and scale in our specialist sectors and across our UK offices.
“Investment in our FutureLaw practice is a key part of that as we look at how we can deliver legal and other professional services more effectively for our clients, using innovations in technology and process improvements.
“Looking ahead, whilst of course our primary focus in the first part of this financial year is carefully managing the impact of the pandemic so that we come out of this period with the same momentum that we had coming in to it, we are not standing still.”
TLT also made some major management changes, with John Wood elected as the first new managing partner in 19 years.
David Pester takes on a new head of strategic growth role with partner Andrew Webber taking over from John Wood as head of corporate. Other key management changes were also made.
Headquartered in Bristol, TLT has UK offices in Belfast, Edinburgh, Manchester, Glasgow and London.
LawFuel News – Fueling Law Firm Growth
- Why Was Jeffrey Epstein Trying to Get BigLaw’s Brad Karp Into Augusta National?
The Augusta Connection: Why Did Jeffrey Epstein Want to Get Brad Karp Into America’s Most Exclusive… Read more: Why Was Jeffrey Epstein Trying to Get BigLaw’s Brad Karp Into Augusta National? - Former MinterEllisonRuddWatts Counsel Joins Hesketh HenryHesketh Henry has appointed Simon Gray as a partner to lead our banking and finance practice… Read more: Former MinterEllisonRuddWatts Counsel Joins Hesketh Henry
- BigLaw Pay – Taylor Wessing’s Top Rainmaker Banks the Legal Equivalent of a Premier League Salary
Taylor Wessing’s highest-earning partner managed to haul in a whopping £200,000 a week in the latest financial year — that’s roughly the same as a Premier League striker on a good bonus season. It highlights just how ludicrous top-end pay has become in London’s legal market. According to Law Society Gazette, the top-paid LLP member at Taylor Wessing managed to net that £200k-a-week haul as profits were dished out across the partnership. That kind of pay packet makes even the notorious Cravath scale seem almost modest. Sure, mid-market firms can cry “but we’re all about work-life balance,” but when your top partner’s annual take amounts to north of £10m, it’s hard not to feel the sting of disparity. - High Court Upholds £50,000 Legal Ombudsman Payout Against Law Firm
The UK High Court has firmly slammed the brakes on a law firm’s attempt to undo… Read more: High Court Upholds £50,000 Legal Ombudsman Payout Against Law Firm - California Draws a Line on Legal AI And Lawyers Need to Pay Attention
For years, lawyers have been quietly experimenting with generative AI while publicly pretending it was all very theoretical. That luxury just expired however has expired as the California passes a first-of-its kind bill that will doubtless be replicated in other jurisdictions. The California Senate has passed SB 574 aimed squarely at how lawyers use artificial intelligence in legal practice. If it becomes law, California will be the first major jurisdiction to formally regulate AI use by lawyers, not with vague principles, but with obligations that cut straight to competence, ethics, and liability. In short: lawyers can use AI, but they own the consequences. And that’s something many will find daunting given the hallucinations and legal repercussions of legal AI’s misuse. - Brabners’ Eight-Year Growth Streak Powers London Expansion: What Regional Firms Can Learn
While London’s legal market dominates headlines with US firms driving salary wars and Magic Circle mergers, Brabners’ consistent growth story offers a compelling counter-narrative. The firm’s eight consecutive years of profitable expansion demonstrates that sustainable growth doesn’t require a City postcode—it requires strategic vision, client focus, and calculated expansion timing. And leadership from people like managing partner Nik White (Pictured), who the firm described as the ‘driving force’ behind its growth. At a time when UK law firms collectively generated £37 billion in revenue, with more than half posting double-digit increases, Brabners’ measured approach to London expansion represents a textbook case of regional strength leveraging metropolitan opportunity. Log in to read the rest . . - New, Aggressive Ransomware Group Attack New Zealand Law Firm
A New Zealand law firm is investigating a cyber incident that has seen passport scans and… Read more: New, Aggressive Ransomware Group Attack New Zealand Law Firm
