UK firm Weightmans posts 33% revenue increase
Weightmans has posted revenues of £77.1 million in the 2011-12 financial year, an increase of nearly 33% that may see the firm enter the top 50 UK law firms by revenue.
£15 million of the £19 million increase in revenue is attributable to the firm’s merger with employment and disputes boutique Mace & Jones last May, and its acquisition of regional firm Vizards Wyeth's insurance division in April 2011. The other £4 million of the revenue increase comes from organic growth.
Managing partner Patrick Gaul said: "We're going to keep on doing the things we do well, ensure we make the most of our investment and our people and really fulfill our potential. We want to build on our presence as a national law firm, have an outstanding offering in insurance and become a serious player in the commercial market."