Mills & Reeve reveals record revenue and staff bonuses

The firm's culture of shared success is demonstrated by the highest ever all-staff bonus pool of £3 million, meaning staff each received between £2,420 and £2,783 depending on length of service.

The strong financial results follow another successful year as the firm achieved several significant milestones and embarked on a range of exciting projects, including:-

• Major investment in 22 new partners over the last 12 months, including 12 lateral hires and 11 internal promotions
• Moving its Birmingham office to One Centenary Way, one of the city’s most sustainable and SMART buildings.
• Preparing to double its footprint in Leeds as headcount rises by 25 per cent
• Trialling GenAI through contract analysis and drafting tools

Other highlights included being recognised within the professional services sector as one of only 15 per cent of firms considered at an advanced stage of client feedback with 89 per cent client recommendation score.

Mills & Reeve has also teamed up with client Albanwise Environment on the first step in an innovative, first of its kind partnership to transform a difficult to cultivate area of floodplain into a biodiverse wetland.

And it was listed in the Sunday Times Best Places to Work for the first time as one of the best big organisations, adding to Platinum Investors in People accolade. The firm also increased both maternity and paternity pay.

Managing Partner, Claire Clarke, said: "Our growth is a direct result of the hard work and dedication of everyone at Mills & Reeve. We believe in rewarding our staff for their contributions, and I’m thrilled to announce this record bonus as a token of our appreciation.

“It’s been a year of significant strategic investments, including the addition of 22 new partners to the firm and a new Birmingham office. These developments not only contribute to the firm's growth but also reinforce our commitment to providing an exceptional environment for our people.

“As we look to the future, we remain dedicated to enhancing our systems and technology while making sure crucial issues such as sustainability and wellbeing remain at the top of the agenda, ensuring we remain a true leader in the legal marketplace.”