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FIRM DELIVERS TEN YEARS OF GROWTH
Bevan Brittan has announced its financial results for 2022/23 with revenue exceeding £67m and both revenue and profit once again increasing year on year.
Income rose by 12% to £67.3m in the year ending 30 April, up from £60m in the previous 12 months. This is the tenth consecutive year of growth, during which time revenue has more than doubled, rising by 105%. Growth was achieved across a wide range of markets, most notably Higher Education (up by 81%), Central and Local government (25%) and Insurance & Financial Services (20%).
Profit was up 7.7% to £17m in 22/23 and has risen 179% during the last ten years.
The business attracted a number of significant new clients and 31 senior lateral hires, including three partners, during the financial year. It also invested in a Birmingham office relocation to equal its operations in Bristol, Leeds and London.
Bevan Brittan’s Managing Partner Duncan Weir said: “This is another strong performance that demonstrates the benefit of our investment in our existing markets and people; our new markets and people and the increasing strength and depth of our business.”