Weightmans’ public bodies practice grows by more than 10% in 2023-24

Law firm Weightmans has revealed growth of over 10% in its Public Bodies practice segment, helping the firm towards record profitability this year.

The firm’s annual financial results reported an overall increase in income of 12% increase on 22/23 to over £140m and an £18m net profit, up by 41.1% on the previous year. Profit per equity partner was £391k for the 12-month period.

Five of Weightmans’ six key segments - Built Environment, Health, Individuals, Insurance, OMB also produced double digit growth in revenues while its Corporate segment grew by 6%. The firm also reported strong growth in its employment, property litigation, regulatory and specialty insurance practices.

John Schorah, Managing Partner, said: “I am very proud of all the hard work and contributions made by our people to make this our most successful year ever. Their talent and unwavering support for each other continues to deliver great results for our clients and places the business in a very strong position as we make progress towards being a Top 30 law firm. The merger with RadcliffesLeBrasseur in 2022 has delivered significant organic growth for the firm in the second-year post merger in those areas we have combined, as well as delivering cost saving synergies. Independently of the merger we have also seen our other core areas do well.”

Harry Rodd