Birmingham law firm Wragge & Co has seen its latest turnover figures surge.
They have come in at £125.5 million for the 2007/08 financial year, an increase of 11.5 per cent.
It is the fourth consecutive year of double-digit growth.
Wragge said profits were anticipated to have grown by a similar percentage – however the actual amount along with profit per partner figures won't be confirmed until later this year once the accounts have been audited.
Managing partner Ian Metcalfe said: "Dedication to delivering creative, commercial legal advice and excellent client service has helped us post a robust set of figures this year. We have done well across the board, with growth coming from developing existing relationships and winning new business from big UK and international private and public sector organisations."
Wragge has 113 partners and a total staff of 1,197, 1,033 of whom work in Birmingham. That makes it one of the city's largest employers and the largest law firm by some distance.
Last month it signed up to new offices in Birmingham, claimed to be the largest ever pre-let agreement in the city centre. The firm will move into Two Snowhill, part of the £500 million gateway site being developed by Ballymore Properties, in 2011. It has secured up to 250,000 sq ft space over 11 floors on a 20-year lease with flexibility to accommodate up to 1,800 people.
The 13-partner Human Resources group pushed turnover up 14 per cent. The 10-partner Intellectual Property team improved on last year, increasing turnover by 24 per cent.
Investment in banking and finance is paying dividends as Wragge & Co's reputation for mid-market expertise helped the five-partner team raise turnover by 31 per cent. New partner Kieron Dwyer has joined from Clifford Chance. Energy is a key growth area, with work for E.on UK, BP and Welsh Power.
The 200-lawyer Real Estate group delivered 16 per cent growth, with highlights including advising DTZ on its new City-based global headquarters and Development Securities on a £250 million mixed-use scheme in London. Notable growth areas include finance, tax, planning, regeneration, residential development and real estate funds and structuring.
In Corporate, M&A and tax both delivered growth in excess of 20 per cent. A flow of international instructions, including an £83 million takeover for US client Inverness Medical and a £75 million acquisition for Sweden's Haldex were among the highlights.
High-profile Court of Appeal work contributed to the Commercial Litigation team's 16 per cent turnover increase.
Other major wins for the firm included work from United Biscuits and National Grid.
Wragge also named dispute resolution specialist Nicola Mumford as its new London managing partner.
Chris Benson, Vivien Cockerill, Paul Howard and Bill Jones have retired from the partnership. Ms Cockerill and Mr Jones will continue in alternative fee earning roles, while Mr Howard has become the firm's first General Counsel. He will work closely with Mr Metcalfe on strategic risk management issues.
Meanwhile Wragge has advised St Modwen on the development of a new £84 million campus for Bournville College in Longbridge.
The deal will see the college consolidate its three existing sites on one purpose-built 250,000 sq ft complex.
The main building will have the capacity for 15,000 students. Subject to approval, it is expected to be completed by September 2011.
The new college is part of St Modwen's £750 million regeneration of the area. Together with joint land owner Advantage West Midlands, it is transforming 468 acres of the former Rover factory into a new-mixed use community.
Real estate associate Sally Farrall and construction specialist Patrick Garner worked on the project along with Mike Murray, St Modwen's senior development manager responsible for the area. Hammonds acted for AWM and Martineau Johnson advised Bournville College.
Ms Farrall said: "This deal demonstrates St. Modwen's commitment to its ambitious Longbridge project and is an exciting development for Bournville College and the local community."
Mr Murray said: "The Bournville College agreement represents a very positive step forward for the regeneration of Longbridge."