Growth strategy pays off for Clarion with 14% revenue rise

Growth strategy pays off for Clarion with 14% revenue rise
Clarion’s management board (L-R) Hugh Brown, Roger Hutton, Richard Moran and Ryan Millmore

Clarion, the Leeds-based law firm, is continuing to make headway with its growth plans with revenue showing “significant growth” over the last financial year.

The firm saw revenues rise from £10.4 million in 2016 to £11.7 million in its last financial year – an increase of 14%.

The 21-partner firm has continued to invest for growth, now employing 155 staff, and it anticipates a further 10 hires in the coming months.

“Despite concerns about the potential for the UK economy slowing in the last quarter, it has actually carried on growing which reflects our experience that there has been no sign of any let-up in the market here,” said joint managing partner Roger Hutton.”

“Having enjoyed record revenues in the last two quarters, we expect demand from our clients to continue in the year ahead.

“Over the last 11 years we’ve placed great emphasis on creating the right culture.  Ensuring that we have highly engaged and motivated people is what sets us apart and enables us to consistently deliver for our clients.

“Going forward, the focus on maintaining and recruiting talented people will remain a cornerstone of our ethos.

“Last year, we again saw double digit growth in staff numbers, as well as investing in developing our home-grown talent with two born and raised Clarion lawyers, Marie Pugh and Lynsey Harrison, being promoted to partner and heading up their own practice areas in banking and contentious private client respectively.”

Clarion reports healthy growth across all practice areas with the property, dispute resolution and corporate practices performing particularly well.

Mr Hutton added: “Overall, we see a continued appetite from our clients to do business and get deals done and we anticipate that this will continue.”