Birketts achieves fourth year of consecutive year-on-year growth
13 November 2023
Birketts, a UK Top 50 law firm, has celebrated its fourth year of consecutive year-on-year growth, with revenue up 10% from 2021/22.
In 2022/23, the firm recorded £84.8m total revenue, up from £77.6m recorded turnover in the financial year ending May 2022.
The firm’s continued success comes in a year of expansion. In April 2023, Birketts announced the completion of its merger with Batchelors, culminating in the opening of the firm’s sixth office in Sevenoaks and marking its expanded reach into the South East. The year also saw a growth in headcount to over 1,000 people for the first time in the firm’s history, as well as the appointment of experienced lateral hires and the promotion of nine lawyers to the Partnership. The firm now has over 100 Partners, 45 of whom are female.
Birketts’ employees have continued to share in the firm’s success. The staff profit share and bonus scheme has resulted in all eligible colleagues receiving a payment equivalent to 3% of base salary. Including individual performance-based bonus awards, the firm succeeded in sharing just under £1 million with staff.
Speaking about the results, Jonathan Agar, Chief Executive at Birketts, said: “Given the uncertain economic environment, challenging recruitment market and the impact of global events this was a very pleasing conclusion to 2022/23. Above all, it rounds off another very busy year and is the result of a huge team effort.
“This result was 10% above the prior year and as we look ahead to another successful year, our ambition and energies to help our clients, colleagues and communities remains steadfast.”
Jonathan Agar DL