Legal Business

LB100 case study: Harbottle & Lewis

Harbottle & Lewis maintained its status as one of London’s fastest growing law firms last year, with the West End firm continuing its recent trend of double-digit growth and proving itself as a Legal Business 100 (LB100) standout. Overall revenue increased by 26% to £35.5m, up from £28.1m last year, while profit per equity partner (PEP) increased by 32% to £670,000 from £509,000 last year when the PEP figure suffered 2% decrease. Over the last five years, the firm has seen revenues grow 48% and profit by 86%. The favourable figures also saw Harbottles hustle its way into the top ten fastest-growing LB100 firms in both PEP and overall turnover, no mean feat considering the sharp-elbowed nature of London’s legal market.

The tip of Harbottles’ spear remains its private client and media and entertainment practices, recently strengthening the latter with the hire of ex-Barclays managing director Jonathan Burt from Harcus Sinclair, as the two practices saw a significant pick-up over the last 12 months contributing to strong growth at the firm.