Shoosmiths plans to double Manchester team
Shoosmiths is planning to almost double the size of its Manchester team over the next few years, coinciding with its move later this year into a new office with more space.
The firm has 177 staff members at present and hopes to grow to around 300 over the coming three years. Growth will reportedly be pursued across the firm’s five key practice groups – commercial, corporate, real estate, private client group and the firm’s recovery group.
The new office space for the firm is locaed in XYZ Building in Spinningfields. The firm will be leasing 32,000 square feet spread through two floors of the building. The scheduled move will be completed by the end of this year.
Financially, the firm has had strong results recently, generating revenues in excess of £100m for the first time last year and increasing it’s profit per equity partner 44 percent to £416,000.