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MacRoberts Shows Growth Through Recession
MacRoberts LLP has announced positive financial results for the year to 30 April 2009. Managing Partner Michael Murphy is delighted to report that, despite the full brunt of the credit crunch and recession, MacRoberts continued to grow during the year in terms of turnover, profit and employee numbers, with turnover growing 7% to £20,128,529 and profits increasing by more than 5% to just over £7.4million.
Michael Murphy said, “Our results are particularly encouraging in light of the continuing pressures on the UK transactional markets such as property, corporate finance and banking throughout the year. We continue to attract new clients with our philosophy of out-and-out commitment to their success. We believe that this commitment to providing the very best service to our clients and our continuing investment in business development and in our people, has made a strong contribution to our robust performance, along with very careful management of our business through the recession.”
MacRoberts is a full-service commercial law firm, with 44 partners - 4 of whom were assumed during the financial year - and 260 staff working from offices in both Edinburgh and Glasgow, with clients including public and private companies, banks and other financial institutions, government and other public sector bodies and private individuals.
“The quality of our service offering and the strength of our commitment to our clients - with skilled lawyers focussed on securing results for our clients - continues to hold us in good stead”, continued Michael Murphy, “and now, as the economy is showing signs of a slow pull out of recession, we believe we are in better shape than ever to take advantage of the opportunities offered and we look forward to sustained growth over this and subsequent years.”
2010 will be an exciting time for MacRoberts, as the firm’s Glasgow office moves to more than 34,000 sq.ft. on the top four floors of the newly-built Capella - the tallest building in the heart of Glasgow’s thriving International Financial Services District (IFSD). The 11-storey, £35 million Capella development is the tallest office building on the Broomielaw and forms the centrepiece of Atlantic Quay on the waterfront, and MacRoberts will join several major organisations who have chosen to base themselves in Atlantic Quay and the wider IFSD, where more than 12,000 people now work.
MacRoberts LLP is a limited liability partnership registered in Scotland (No.SO301699)