News In Focus
23 November 2007
Strong results at Gillespie Macandrew
Edinburgh solicitors Gillespie Macandrew, named Law Firm of the Year at this year's Scottish Legal Awards, have reported bumper results for their 2006-07 financial year.
Revenues were up by over one third at £9.2 million, and profits jumped from £2 million to £2.9 million, a 45% rise.
During the year the firm acquired residential property firm Hunters and this contributed to a doubling of turnover in the sector. Gillespie Macandrew has now acquired five other practices in the last five years and aims to be a one-stop shop underpinned by a range of specialist skills, in the words of managing partner Ian Turnbull.
The firm now has 22 partners and around 150 staff.