Legal heavyweight Addleshaw Goddard hails Scottish progress as revenue rises

Legal firm Addleshaw Goddard said it had continued to see growth in Scotland as it booked a 4 per cent hike in global revenues to £288 million.

David Kirchin is head of the Scotland team at legal firm Addleshaw Goddard. Picture: Renzo Mazzolini Photography

The firm said its team in Scotland had enjoyed success with several significant deals and appointments including acting for German fund KanAm in the acquisition of the Aberdeen Standard Investment offices and retail development at 4/8 St Andrew Square, Edinburgh.

The Scotland team also acted for SSE in the transfer of a UK-wide portfolio of 70 office and operational properties as part of the transfer of its retail business to OVO Energy.

Addleshaw Goddard also reported a small increase in total distributable profit, £102m versus £101m previously. Profit per equity partner for the year was down about 5 per cent at £690,000.

David Kirchin, head of the firm’s Scotland team, said: “Working with a wider range of clients, as part of a larger international firm, has helped us grow our business in Scotland.

“We have continued to invest in our teams, developing new strengths in existing teams, and building new areas of focus including energy, fintech, and transport as well as financial regulation and major projects.

“While the trading environment remains challenging, and we are not immune to those challenges, we face them head on from a position of strength with a continued focus on the development of our business and teams in Scotland.”

There was 24 new partners recruited across the firm as a whole.

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