With just over 200 lawyers and only 48 partners, Foot Anstey has been among the ten fastest-growing firms in the Legal Business 100 over the last five years. Stretch that track back to six years, and the firm has nearly doubled its turnover to £47.2m. Profit per equity partner has also grown 52% since 2014, up a healthy 8% to £400,000 in 2018/19.
That growth, including a 9% revenue uptick this year, has come from a smaller base than many but is also organic. The firm’s corporate practice grew by about 30%, property litigation was up 23%, and the finance team boomed on the back of 75% growth in Islamic banking and private equity work lifting 85%. New client wins included motorway service operator Welcome Break, private equity firm Livingbridge, and a reappointment to FTSE 100 retailer Kingfisher’s legal panel. It also advised on the £1.6bn Pivot Power electric vehicle recharging network – the world’s biggest.