Scottish law firm Morton Fraser reports profit surge

Chris Harte, chief executive at Morton Fraser Chief executive Chris Harte said the firm had made "good headway" across all of its key sectors

Scottish law firm Morton Fraser has reported a surge in revenues and profits, following its merger last year with solicitors Macdonalds.

The firm, which operates in Edinburgh and Glasgow, saw revenues rise 24% to £16.9m, while net profit was up by 42% to £5.5m in the year ending 30 April.

Morton Fraser said its results were boosted by the Macdonalds merger and a number of new client wins.

The law firm currently employs more than 270 people.

Morton Fraser chief executive Chris Harte said: "We have made good headway into new business streams across all of our key sectors.

"It's an interesting market we're now operating in and we're confident that a competitive and dynamic Scottish firm can continue to benefit from the changes in our market.

"As well as a number of new client wins, we recently attracted significant hires to our private client team, and our real estate and planning practices.

"Alongside driving growth, we're pleased to have ended the year debt-free, making us well placed to implement our investment plans over the medium to long term."

Morton Fraser offers legal services to private companies, the public sector, charities and individuals.

Its clients include Diageo, Royal Mail Group, the Ministry of Defence, Transport Scotland and Scottish Canals.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Scotland business stories

RSS

Features

  • SnowIn pictures

    Images of the snow which has fallen across many parts of Scotland


  • Member of staff at The National Archives in KewFree information?

    The reaction when 13 departments were sent the same FOI request


  • Dippy on display in the Hintze Hall. Photo by Nathalie DiazFarewell to Dippy

    Your stories of the most famous dinosaur in Kensington


  • Steve Easterbrook New McJob

    The Watford fan taking the helm at McDonald's


  • Motorists make their way over Hannahstown Hill on January 29, 2015 in Belfast, In pictures

    Wintry images of UK's most widespread snow so far this year


Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.