Addleshaw Goddard’s Irish revenue up 30 per cent
Addleshaw Goddard has reported a revenue increase of more than 30 per cent in its Irish office last year, contributing to a global 12 per cent revenue increase.
The firm said new office openings in Germany, the Middle East and Spain, alongside material investments in tech, core practices and priority sectors, helped to deliver another year of revenue and profit growth.
Andrew Johnston, Addleshaw Goddard managing partner, said: “These results show us continuing our positive trajectory with higher revenues, improved profitability and strong cash position.
“We saw growing client demand across a number of service-lines, particularly in areas we have been investing in such as funds, restructuring, global investigations and financial services. Our teams across the UK and Ireland, EMEA and Asia worked incredibly hard to deliver another strong year.
“AG’s continued momentum and strong balance sheet places us well to invest further in key markets, practice areas and sectors globally. The diversified nature of our business, coupled with our international expansion and other strategic investments, particularly in innovation and technology, means we are better placed than ever to support and service clients wherever they are doing business.”
In Ireland, the firm said growth was drivenby strong performance in the corporate practice and the addition in the past 12 months of new tax, financial regulation and energy practices.
Its commercial property practice also offset a market downturn with strong activity across retail, housing and investor deals.
Mark Walsh, head of Ireland at Addleshaw Goddard, said: “The firm is performing strongly across multiple regions and Addleshaw Goddard Ireland is playing its part in the firm’s continuing success.
“We are benefitting from the international reach and sectoral experience of our colleagues across the Addleshaw Goddard network and there is a positive flow of work to and from the Dublin office to our colleagues in the UK and across Europe and in the Middle East.”