Growing from a strong foundation
John Macmillan has been appointed Managing Partner of the leading law firm MacRoberts for a second time. Here he sets out his immediate targets for development.
This is an interesting time for Scotland and the legal profession. Having emerged from recession and come through the independence referendum campaign, businesses are looking ahead and seeing positive signs for growth.
At MacRoberts we are entering a period of expansion having built a solid base over the last three years. Our recently-published accounts demonstrate the strong underlying financial position of the company. Turnover for the year was £17,594,283 – up from £17,508,401 last year. Profit after tax was £6,017,886 – up from £5,895,559 in 2013.
Over the next 12 months I envisage increasing our 220-strong workforce based in Glasgow, Edinburgh and Dundee by ten per cent.
Work in areas such as employment and crisis management may have declined following the recession, but there is now strong growth in corporate projects, banking and construction contracts.
A particular focus for us will be Dundee where MacRoberts opened an office last year and where a number of development projects have led to an increase in legal business.
The city is now a major hub of the Scottish digital media and creative industries sectors, while the £1.1 billion waterfront regeneration project is expected to create up to 9,000 new jobs and attract over three million visitors.
Our first year in Dundee has been very successful and, with a significant increase in business from existing and new clients, we are already looking to expand our presence in the city and aim to double the workforce in the next year.
Our vision and strategy is focused on growth, but also on continuous improvements across all our operations, to deliver quality services to our clients as their needs – and the needs of Scotland – change over time.