Turnover up at Weightmans

Turnover at Weightmans LLP reached £58m for the year end April 2011 – an increase of 3.5% on the previous year's result of £56m. 

The firm’s Managing Partner, Patrick Gaul, commented:

"Overall we are satisfied with the result given the difficult market conditions for commercial work.

“The business performed well but it is no secret that our commercial business line has had a tough year and that a hardening of rates continues to challenge the way we do business. 

“Over the past 12 months we have spent a significant amount of time preparing the business for the two recent mergers that have added over 200 people to the headcount at Weightmans. 

“ Iam very confident about the firm's future and I am delighted with the quality of people that we have welcomed recently. Everyone is already working very well together and I expect a good year in 2011/2012."

PEP will be in the region of £300k.  

The firm’s merger with Vizards Wyeth and Mace & Jones in April and May respectively has propelled Weightmans towards the top 40 with more than 1,000 people and projected turnover approaching £80 million