Shulmans sees double digit growth for sixth year in a row

GROWTH: Jeremy Shulman, senior partner at law firm Shulmans
GROWTH: Jeremy Shulman, senior partner at law firm Shulmans
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Corporate law firm Shulmans has reported double digit growth for the sixth year in a row, taking the business above a £12m turnover – a 15 per cent increase.

Fee income is up 14.5 per cent on last year, while profit is up 18 per cent.

Managing partner Tim Halstead said the continued rise was a result of the Leeds-based firm’s focus on excellence.

“We set out six years ago to develop the business by concentrating on equipping and encouraging our colleagues to deliver excellent work”, he said.

“For us, growth is not so much an aim in itself, but a consequence of doing those things well.”

In the last 12 months the firm has attracted work from new clients including AIM-listed 21st Century Technology, bus and coach manufacturer Optare and online betting giant Betfred.

Shulmans, founded by senior partner Jeremy Shulman, has also expanded its premises. Having occupied the first and second floor of 10 Wellington Place since June 2014, it recently signed up for a lease of two thirds of the third floor.

The move was needed after employee numbers increased from 154 to over 180.

In addition, the firm has three new partners. It has made two internal promotions: Lyn Dario, a specialist regulatory lawyer in the environmental sector, and Helen Hill, a renowned property litigator.

It has also appointed Emma Roe, a commercial and intellectual property lawyer who joins from DWF where she held the same position.

Mr Halstead added: “We nurture our people, because we believe that by giving them the kind of environment where they can flourish, underpinned by a blend of freedom and support, they will give our clients the kind of service that cannot be matched elsewhere.”

He added: “Our year-on-year strong financial performance and entirely organic growth is a direct result of our very particular culture of offering better services to more clients.”