January 5, 2021
Following on from an exceptional 16 per cent growth in turnover in 2019, Newcastle-based Muckle LLP saw income continue to rise from £13.05 million to £13.33 million in 2020, an historic high and a further increase of two per cent.
And the law firm finished 2020 strongly, with performance having exceeded pre-pandemic work levels well before the end of the year.
Jason Wainwright, Muckle managing partner [pictured], says: “We are delighted to have had another successful 12 months, following an exceptional year of growth in 2019.
“Turnover grew organically across the firm, in line with the continuing people investments, and deal activity also performed strongly as we continue to support the growth of some of the North East’s most ambitious businesses.
“The deals market throughout the North East has remained positive and we have a healthy pipeline of work across all areas, having won some exciting new clients with instructions coming in from regional, national and global businesses.
“Such strong, sustained top-line growth has enabled us to invest further in our IT, culture and infrastructure, enabling everyone here to work anywhere, anytime.
“This planning and investment has proven to be invaluable, particularly in recent months.
Jason continues: “Our transition to becoming 100 per cent agile has been four years in the making, and the progress we’ve made in our culture and infrastructure means we are well equipped and even better prepared to help North East businesses weather the storm ahead.
“Nobody could have predicted the challenges brought on by COVID-19, but we recognised some years ago that businesses needed an increasingly efficient brand of legal advice that’s completely focused on supporting their objectives and law firms needed to be robust and agile in their operation.
“That’s what we have worked hard to deliver, and it has enabled us to provide a seamless service throughout the pandemic.
“Like most businesses, we saw a turndown at the start of lockdown, however, work levels are currently higher than pre-pandemic levels and we are in a strong position moving into 2021,” reveals Jason.
“We have continued to invest in and develop talent and new areas of work, and have maintained or improved our rankings across almost all areas independently assessed by Legal 500 UK and Chambers and Partners.
“Last year, we overhauled our open plan office
to create a truly agile, collaborative and creative workplace, and we continued our commitment to supporting North East communities by again donating one per cent of our annual profits to our charitable Muckle Fund at the Community Foundation.
“We’ve also invested in ways to support our people’s wellbeing and have professionally trained a team of people, within the firm, to support each other’s mental health and wellbeing needs – which is especially important while everyone is working from home.
Jason adds: “The inherently supportive culture at Muckle and our agile infrastructure have been a great enabler and I’ve been delighted and amazed by how well everyone has pulled together.
“This, in addition to the positive results and strong pipeline of work, gives us confidence that we are well placed to continue supporting clients with a technically excellent, uninterrupted service, come what may.”
Muckle LLP’s specialist teams cover a raft of industries and sectors, which include banking, construction
and engineering, dispute resolution, employment, real estate, education, energy, intellectual property, corporate, agriculture, sport and IT.