Leeds law firm records ‘unprecedented’ results at half year mark
Shulmans LLP, the Leeds-based law firm, has recorded a 28.9% increase in turnover in the first six months of the financial year 2017/18.
The results show significant growth trading, especially in its credit management services division and in the work that it does for banks and other lenders in the remortgage market.
This comes on the back of a solid end of year position, which confirmed a rise in fee income of 7.5% in 2016/17.
The UK top 200 corporate law firm has also reached a major recruitment milestone within the past 12 months. More than 200 people now work at the Wellington Place headquarters in Leeds, servicing clients on a regional, national and international scale.
In addition, Shulmans recently hosted Interlegal, a meeting attended by independent law firms from 40 countries across the world who chose Leeds for their annual conference.
The firm was also recognised in this year’s Legal 500 directory, which included a ‘Next Generation Lawyers’ category for the first time, aimed at identifying stand-out associate-level solicitors within the legal community.
Luke Maidens (property litigation) was identified as a “real rising star” in his field, with Kieran Wilkinson (real estate) being recommended based on his “prompt and efficient” commercial conveyancing work.
12 practice areas within Shulmans were recognised in total in this year’s Legal 500, with the firm’s team of lawyers being named 36 times, 22 of which are mentioned for the first time.
The Chambers UK 2018 results, announced in November, also included a listing for Shulmans’ planning team for the first time, in addition to the real estate and corporate M&A units holding their rankings.
Tim Halstead, Shulmans managing partner, said: “This half year period has ended with unprecedented results.
“We have an ever-growing team, who represent the very best legal talent. We are proud to be inspiring the next generation of lawyers in the region.”