Law firm Coffin Mew, which has offices in Queens Road, Brighton, is eyeing up further mergers after reporting a 30 per cent growth in turnover since joining forces with Charles Lucas & Marshall little more than a year ago.
The firm’s revenue increased from £10.7m in 2016/17 to £14m in 2017/18, achieving growth across its service and sector lines for both individual and business clients.
Miles Brown, Coffin Mew’s chief executive, said: “We are all delighted with the firm’s growth since the merger and feel confident of reaching our target of becoming a £20m turnover firm by 2020.
“We are now looking at other merger opportunities to accelerate this process, as well as further diversification and enrichment of our service offer.”
The Charles Lucas & Marshall merger, completed in March 2017, created a legal business with nearly 300 years of combined legal experience, enhancing Coffin Mew’s private client, corporate and agriculture services, as well as driving revenue growth.
Coffin Mew now has eight offices in London, Brighton, Gosport, Newbury, Portsmouth, Southampton, Swindon and Wantage and employs 225 staff and partners.
Coffin Mew chairman Nick Leavey added: “This is a pivotal moment in Coffin Mew’s history, as we seek to strengthen our client teams across all the industry sectors where we work.
“We have made a number of strategic hires in the first quarter of 2018 and continue to recruit at all levels, with a view to providing the best possible service across the South and Thames Valley region.”
Main photo – Coffin Mew chairman Nick Leavey