SCOTTISH law firm Brodies has reported its 15th consecutive year of growth, with revenue rising to £126.7m for the financial year ending 30 April 2025.
This marks an 11% increase from £114.3m the previous year, whilst operating profit also grew, reaching over £50m, up from £49.2m with profit per equity partner recorded at £885,296.
Brodies‘ core practice areas: banking and finance, corporate and commercial, dispute resolution and risk, personal and family, and real estate made progess.
The full-service law firm saw growth in instructions for work in Scotland, the UK and internationally and saw headcount increase from 837 to 883.
This included the appointment of banking and finance partner James Wilson and seven internal partner promotions.
The firm also awarded a 5% bonus to all eligible colleagues; alongside individual performance bonuses and salary increases.
Cash balances at year-end stood at £23.7m, up from £20.9m the previous year.
The firm’s latest results come as Iain Rutherford steps up to chair, succeeding Christine O’Neill KC, who completed four three-year terms in the role.
Christine continues in her role as partner.
Continued investment in the Highlands and Islands has seen work commence on an expansion of Brodies’ Inverness office to support the firm’s growth in, and commitment to, the region.
In June, the firm held its inaugural all-colleague conference, Being Brodies: Live! where more than 600 colleagues came together to celebrate its culture and values.
Brodies managing partner Stephen Goldie said: “Achieving progress amid continuing domestic and global headwinds reflects the resilience and ambition of our clients in Scotland, across the UK, and internationally.
“Their trust in us to deliver results on complex and exciting mandates inspires us to work harder and smarter every day.
“Recording our fifteenth consecutive year of growth is testament to the strength of those relationships and the dedication of our colleagues to deliver exceptional legal services.
“As we enter the second year of our current three-year strategic cycle, we remain focused on those plans—recognising the talent and contribution of our colleagues, encouraging greater collaboration across our firm and with our clients, and investing in our offices and in technology that augments the high standards our clients expect.
“We also welcome our new chair, Iain Rutherford, and extend our utmost thanks to Christine O’Neill KC for the considerable wisdom and unwavering commitment she brought to the role of chair.
“Clients and colleagues alike will continue to benefit from those qualities in her role as a partner in our disputes team.
“The year in review marks my first full year as managing partner. In that time, it has been my privilege to work closely with many colleagues across the firm.
“I am continually impressed by the exceptional talent and kindness that I witness daily.
“It reminds me that over and above everything else, we are a people business that believes in our core values.”
