Leading North West law firm, SAS Daniels LLP, has confirmed a 9.5 per cent increase in its turnover in the financial year ending April 2014, with an annual fee income topping £7 million.
The announcement reiterates a continued growth curve which has seen a 19 per cent increase on 2012 figures and a 35 per cent upturn on fees posted in 2011.
The record figures exceeded the firm’s annual budget and reflect strategic growth of more than 25 per cent in corporate fee income, as well as a 20 per cent increase in commercial litigation work. The law firm’s Real Estate team also bolstered results by achieving more than 25 per cent growth.
Key appointments in the past year include Paul Formby and Ray Woodward in the litigation team, David Moore in the firm’s Family team and Victoria Bury further strengthened the Real Estate team.
Deals of note led by SAS Daniels LLP in this time include the merger of North Wales-based Shotblast Engineering Services (SES) with Pangborn Limited, its private equity investment in leading provider of metering systems, Senselogix, the acquisition and investment in nautical retailer, Quba, and the acquisition of Switchgear Integrated Maintenance (SIM) Ltd. by Lancashire-based R&B Switchgear Services Ltd.
SAS Daniels LLP, which has over 70 legal advisors, including 24 partners, operates out of offices in Stockport, Macclesfield, Chester and Congleton.
Commenting on the firm’s success, Jeremy Orrell, Head of the Corporate Team and Finance Partner at SAS Daniels LLP, said: “Our year-on-year growth is testament to an unwavering commitment to putting the client at the heart of our service delivery in what is, without doubt, a rapidly evolving sector.
“With a clear strategy for continued growth we have not only surpassed our financial projections but also reduced our lock down by 30 per cent, to ensure we are in a strong position to take the firm forward.”
This article has been published in the following publications:
Manchester Evening News
North West FYI