News In Focus
Scottish activity helps TLT increase turnover
Increased investment in Scotland has helped UK law firm TLT post a seven per cent rise in turnover from £82m in 2017/18 to £87.6m this year, representing a near 50 per cent increase in revenue over the last five years.
This year's financial performance is underpinned by success in several of the firm's core areas of specialism.
In response to client demand, TLT has made significant investments in Scotland with the acquisition of specialist real estate firm Leslie Wolfson and several key appointments. The recent hire of two procurement experts in Glasgow demonstrates its rapid growth in the country.
John Paul Sheridan, partner and location head for TLT Scotland, said: "We are winning market share in a tough environment with a clear, consistent and client-led approach. We are growing the team in Scotland and building a market-leading service in the sectors where we specialise in recognition of client need. Our recent acquisition of Leslie Wolfson is another step in realising our ambitious strategy for Scotland.
"Looking forward, we will continue to grow where clients need us and work to improve how we deliver legal services through our Future Law programme."
The firm has continued to grow its partner and lawyer teams over the last 18 months in Glasgow, including the appointment of banking and finance partner Douglas Gourlay, and corporate partner Damien Bechelli.