19 Jul 2024

Lawyers reveal strong financial results for 2023/2024

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Fieldfisher Birmingham has announced its results for the financial year 2023 / 2024¹, posting a revenue increase of 16 per cent year-on-year, making Birmingham the group’s fastest growing office in the UK.

The Birmingham office has grown steadily since Fieldfisher opened its Midlands hub in 2016 and this year’s strong financial results are in line with the impressive performance of the wider European law firm.

Fieldfisher as a firm is celebrating its eleventh consecutive year of revenue growth to £359 million - up 10 per cent on the previous financial year - with double-digit revenue growth delivered by the firm’s Corporate, Dispute Resolution, Financial Markets and Products, Personal Injury and Medical Negligence, Regulatory and Tax practices. 

In the UK, the firm recorded a 14 per cent revenue growth, with the Birmingham office leading at 16 per cent, alongside Manchester (14 per cent) and London (14 per cent). A mix of local and international work, led by the regional teams, continues to be a successful formula for the UK’s growth agenda.

Underpinning the growth strategy is an ongoing investment in bringing new talent to the firm. In Birmingham, this includes the recent appointments of Anna Youngs as practice development director and Employment Judge, and Rhona Azir as head of Immigration.

Fieldfisher Birmingham’s office leader, Ranjit Dhindsa (pictured), commented: “We are delighted with our financial results this year, and are proud to be the fastest growing Fieldfisher office in the UK. This is reflective of the team’s hard work and dedication, and their unwavering commitment to delivering first-class legal services to our expanding client base.

“Our positive financial results reflect our market-leading expertise, as well as our professional and collaborative approach which enables every department to provide exceptional client service and drive forward future growth. With the combination of our local support and knowledge, backed by Fieldfisher’s international network of legal experts, we offer a unique proposition that is delivering results for our clients across every sector. 

“Looking ahead, I’m excited to see continued expansion in the Birmingham office to support our ambitious plans for growth, which will be further strengthened by our upcoming move to the city centre in 2025, allowing us to better serve our existing client base in the region, across the UK and internationally, and build new networks and partnerships.

The Birmingham office contributed significantly to Fieldfisher’s strong overall results, participating in revenue generation for the firm's four key sectors of energy and natural resources, technology, life sciences and financial services.

With a strategic focus on business transformation and specialist litigation, highlights include:

  • Advising one of the world's largest electronics distributors on a European recruitment project.
  • Advising shareholders of Hui10 Inc.’s $365 million investment in a Chinese lottery company, as well as advising technology company Joblogic on its acquisition of long-term competitor Protean Software.
  • Acting for Deep Sky Leasing on Russian aircraft disputes following sanctions from the Russia-Ukraine conflict – named by The Lawyer as one of the top 20 cases of 2024. The team also represented a world-leading full service blockchain technology company in a multi-million-pound shareholder dispute.
  • Advising Cambridge Medipark Limited and Prologis Group on a 15-year lease of 23,000 sq. ft. of laboratory and office space to Cambridge University Hospitals NHS Foundation Trust, and advising Godwin Group on the acquisition of two brownfield sites from Nottingham City Council for the construction of 102 affordable homes, set to contribute more than £150,000 to the local community and infrastructure.

 

Notable achievements in the past 12 months also include individual recognition for Birmingham office team members:

  • Birmingham office leader Ranjit Dhindsa was named in The Lawyer's Hot 100
  • Senior associate Tariva Thomas and solicitor Charlotte Williams were invited to join the Women in Tax Committee for Birmingham
  • Partner Susan Simpson was appointed chair of the Swedish Chamber of Commerce UK Midlands' Chapter

 

In the past year, Fieldfisher Birmingham exceeded its fundraising target for charity partner Zoe's Place by 217 per cent. The office also spearheaded Fieldfisher’s company-wide partnership with global architecture and design firm, Gensler, to deliver a Diverse Legal Launchpad internship programme.

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