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Morton Fraser Achieves Record Revenue and Announces Firm-Wide Bonus
Morton Fraser, a leading law firm based in Scotland, has recently reported its highest-ever annual revenue of £25.7m. This represents an 8% increase compared to the previous year and a remarkable 25% increase over the past two years. The firm has also announced a bonus of 6% of annual salary for all staff, not just fee earners, as a way to share in the success of the company.
Strong Demand Across All Disciplines
The increase in revenue can be attributed to the strong demand for Morton Fraser’s legal expertise across all disciplines. The firm has reported revenue growth in every division, with particularly impressive double-digit growth in its corporate, employment, and private client practice areas. This demonstrates the firm’s ability to deliver high-quality services to its clients and meet their diverse legal needs.
Commitment to Developing Talent
According to Chief Executive Chris Harte, Morton Fraser’s commitment to developing talent is a key factor in the firm’s success. By investing in their people and ensuring they have the necessary skills and expertise, the firm is able to provide exceptional service to its clients. Harte emphasizes that the firm’s success is a result of the collective efforts of its employees, and therefore, it is important to reward everyone with a firm-wide bonus.
Global Reach and Diverse Clientele
Morton Fraser has a strong presence not only in Scotland but also globally. With offices in Edinburgh and Glasgow, the firm employs over 260 people. Additionally, it has links to a further 160 law firms around the world, allowing it to serve clients on an international scale. The firm’s clientele includes both public and private sector organizations, such as The Scottish and UK governments, Diageo, Royal Mail Group, The Ministry of Defence, Transport Scotland, Visit Scotland, Tesco, BAM Properties, Persimmon, Scottish Canal, and Schuh. This diverse client base further highlights the firm’s expertise and reputation in the legal industry.
Positive Outlook for the Future
Morton Fraser’s record-breaking revenue and firm-wide bonus announcement indicate a positive outlook for the firm. The consistent growth in revenue over the past two years demonstrates its ability to adapt to changing market conditions and meet the evolving needs of its clients. With a strong focus on talent development and a commitment to delivering exceptional service, Morton Fraser is well-positioned to continue its success in the future.
Headings:
1. Morton Fraser Achieves Record Revenue
2. Firm-Wide Bonus Announced
3. Strong Demand Across All Disciplines
4. Commitment to Developing Talent
5. Global Reach and Diverse Clientele
6. Positive Outlook for the Future
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