Trowers & Hamlins

Lawyers 513
Turnover £135.6 million
Offices 9

Trowers & Hamlins is a City law firm that also spreads across the regions with offices in Manchester, Exeter and Birmingham — while running four outposts in the Persian Gulf and one in Malaysia.

In September the firm revealed that it had nearly doubled its borrowings from £6 million to £11.3 million to fund investment to ensure that it bats away any takeover attempts. Sara Bailey, the senior partner, told The Lawyer website that while “growth for growth’s sake is dangerous, we have adopted a growth strategy because we want to retain and attract the best staff and we need to remunerate properly to do that. Also, being brutally honest, we want to stay independent. That means we need to make sure we’re financially robust enough in five years so that we can stand alone.”