Addleshaw Goddard reports record results amid growth in Scotland

Malcolm McPherson

Addleshaw Goddard has reported record financial results for the year 2018-19.

Global turnover at the international firm, which employs more than 200 staff in Scotland, was £275.4 million, a year-on-year rise of 14 per cent, while total profit exceeded £100m, up 16 per cent on the previous year.

Profits per equity partner rose by 12 per cent to £727,000.

In Scotland, the corporate team completed more than 50 deals with an aggregate value in excess of £1 billion, with significant transactions including QTS, Rathbones, ICS, Ecosse Subsea, Red Rock, Eli Global, Arnold Laver, Dawn, First Scottish and Survivex.

The firm’s banking team has experienced significant growth both in terms of revenue and appointments and is now the largest of its kind in Scotland.

Malcolm McPherson, senior partner in Scotland, Addleshaw Goddard, said: “We have continued to see strong growth for the firm in Scotland across all our divisions and sectors, which is very much aligned to the global financial and operational performance.

“This sustained growth will allow us to invest in our people and infrastructure in Scotland, to ensure we continue to innovate and deliver a quality service and advice to our clients.

“The Scottish economy is resilient across a wide variety of industries and we are anticipating further growth in the year ahead, particularly in the energy, transport and technology markets – areas in which we have deep expertise.”

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