Top 60 UK law firm Freeths LLP has recently announced financial figures which mark its most successful year to date. The company recorded an annual income of £63.8 million – a 14.37% increase on the 2015 figure.
Freeths has a presence in Derby, Leicester and Nottingham; the latter being the largest office in the UK with over 300 staff. With 11 offices across the UK, Freeths now has a presence in most major cities and has seen staff numbers increase from 683 in 2015 to a current total of 742.
Across the region, the firm has a client base ranging from local businesses and public sector organisations to national and international household names. Notable transactions include advising LNT Group on the sale of 24 care homes in a deal worth more than £100m, and a team of over 60 lawyers advising Lafarge Tarmac on the UK aspects of its acquisition by CRH as part of a €6.5bn worldwide deal.
Chris Freeston, who has recently been appointed as managing partner of the Nottingham office, said: “The news of our financial achievements, locally and nationally, is testament to the hard work of our staff. We recognise that these successful financial results were only achieved by all members of staff putting in a great deal of hard work and commitment over the past 12 months. As a result, all staff have been rewarded with a 6.65% bonus payment in May. We work hard as a team to deliver the results our clients want and we are lucky to also be able to invest time and resource to the local community, in schemes such as Right to Read and various charity fundraising events, which we look forward to continuing throughout the year”.
Alongside being ranked in the Sunday Times 100 Best Companies to work for and being accredited as a best company in 2015, Freeths has been recognised for its diversity with two new awards. The UK Diversity Legal Awards gave Freeths the title of “Firm of the Year” and Stonewall recognised the firm as a Diversity Champion.