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Digby Brown announces 5 per cent revenue jump

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Fraser Oliver

Scottish law firm Digby Brown has reported revenues for its financial year ending March 2015 were up 5 per cent to hit £24.6 million and up from the £23.4m taken in the previous year.

Profit for the firm was £7.8m, compared to £9.0m in the previous year, according to the results, which it said was down to significant investment in two new offices and infrastructure.

The firm said highlights of the last year included:

  • Winning five categories at the Scott & Co. Legal Awards in March, including “Law Firm of the Year”.

  • Significant investment to expand the firm’s regional presence – moving to new offices in Aberdeen and opening a new office in Ayr in November, the firm’s seventh across Scotland.

  • Investment in the senior management team, with a new finance director and a new IT director being appointed.

  • A number of important promotions, including Simon Hammond and David Nellaney being assumed as partners.

  • Leading family lawyer Roger Mackenzie joining the firm.

  • Continuing to be top ranked and described as market leaders for personal injury and clinical negligence practice by the independent Chambers and Legal 500 guides to the UK legal profession

  • The central achievement has been on behalf of the firm’s clients – recovering over £100 million in damages, another record year.

    • Fraser Oliver, partner and chief executive, said: “The last year has seen Digby Brown make significant investments to ensure we have the best possible business infrastructure in place to fulfil our most important role – delivering for our clients.

    “We developed our regional presence across Scotland. Our growing Aberdeen office moved to expanded city centre premises while I was proud to open our new office in Ayr, helping and serving people in Ayr, Ayrshire and Dumfries and Galloway.”

    Mr Oliver added: “The Court Reform (Scotland) Act and changes within the legal marketplace continue to create both challenges and opportunities. 2015 has seen us invest to ensure we are best placed to meet these and continue to provide an award-winning service to clients who need our help at a challenging time in their lives.

    “Our people really are our greatest asset and all of the team are focused on delivering for clients, the motivation that drives everything we do. Our achievements this year are a tribute to the hard work and dedication of over 250 colleagues throughout the country.”

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