Morton Fraser, one of the largest independent law firms in Scotland, has reported its highest-ever annual revenue of £25.7m – an increase of 8% year on year, and an increase of 25% over the last two years.
A bonus of 6% of annual salary has been announced and, as in previous years, this will be paid to all staff, not just fee earners.
Demand for the firm’s legal expertise has been strong across all disciplines, with revenue increases reported in every division, with double-digit growth in its corporate, employment and private client practice areas.
Morton Fraser’s ongoing success is credited to its talent first strategy and providing the best possible experience for its clients and its people. The firm recently rolled out a bespoke coaching and mentoring programme for future business leaders, and it was named in the “Top 15 Best Law Firms to Work For in the UK” in the “Best Companies to Work For 2022” list.
Chris Harte, Chief Executive at Morton Fraser, said: “We’re delighted with these results, which are testament to the hard work of our people and the confidence and support of our clients. Our commitment to developing talent remains key to what we do and allows us to get it right for our clients. We deliver for our clients through our people, and so we believe that it’s important to allow everyone to share in this success by way of a firm-wide bonus.”
