The completion of a number of major deals in the first three weeks of January, coupled with a substantial pipeline of work, suggests leading UK commercial law firm Thrings is set for another year of sustained growth.
Thrings recently provided legal advice to the shareholders of Wiltshire-based fuel distribution business Watson Petroleum Limited on its proposed $191million acquisition by global fuel logistics company, World Fuel Services Corporation.
Meanwhile, the firm’s Agriculture team has also collaborated with rural and development land agents WebbPaton to negotiate the lease of land in Didcot, which at 230 acres, will be the largest solar farm in the UK.
And, with the recently completed deal involving one of the world’s leading cosmetics manufacturers, Thrings – which has offices in Bristol, Bath, Swindon and London – looks set to build on a strong set of financial results which were announced this month.
According to its latest set of accounts, Thrings’ turnover for the year ending 30 April 2013 rose to £21.5m, a year-on-year increase of four per cent.
Simon Holdsworth, Managing Partner of Thrings, said: “The legal market has changed, and the essence of that change is the level of expectation from clients. In an increasingly crowded legal market, we have invested in improving the ways in which we deliver service to our clients.
“What we have done – and continue to do – is what most successful businesses do. We work hard, we retain close links with our clients, we learn about their businesses, and deliver professional legal advice in a personal way.
“Doing these basics well, allied with a focus on niche specialisms, has propelled the business on to sustained growth. The concept of how we act with our clients and the relationships we have with them can be very much a key differentiator for us as a law firm.
“In recent years, we have focused on our core markets of commercial property and corporate commercial. Our continued growth and increase in turnover allows us to not only continue investing in our offices, but also in our key sectors of agriculture, innovation and technology, financial services, defence and aerospace, and energy and waste.”
