Legal Business Blogs

TLT managing partner Pester to serve sixth term after uncontested election

TLT‘s managing partner David Pester has been re-appointed in an uncontested election to serve another three year term, bringing his total number of years at the helm of the firm to 18.

Pester (pictured), who first took on the managing partner mantle in 2002, having qualified in 1987 at legacy firm Lawrence Tucketts, has led TLT as its revenue has more than quadrupled, bringing the firm’s revenue to an all-time high of £71.6m in 2015/16. The firm entered the top half of the LB 100 for the first time this year.

The past year’s growth comes off the back of a strong 2014/2015 financial year, with the firm growing its turnover by 8% with revenues of £62.5m. Over the last five years, turnover has grown 65%.

Pester said: ‘Our ambition at the start was to create a strong UK firm with a clear idea of the industries it would support and with the investment capacity and expertise to deliver a standout client service. That vision is still at the heart of what the firm stands for today as we prepare to kick off our new 2020 strategy.’

Senior partner Andrew Glynn, who led the election process, added: ‘With early adoption of what are now industry norms, such as a sector-focused strategy and cross firm collaborative working, TLT is marked by its willingness to adapt and respond to a changing market.’

Earlier this year the firm appointed former real estate head Glynn as senior partner after longstanding senior partner Robert Bourns stepped down to become president of The Law Society in July. Bourns continues to practise at the firm as a partner in its employment, pensions and incentives group.

The firm also announced its investment into its Bristol headquarters following the expansion and refurbishment of its Belfast, Edinburgh, Glasgow and Manchester offices across the past three years.