International law firm Addleshaw Goddard (AG), which has offices in Aberdeen, Edinburgh and Glasgow, has posted record financial performance for the 12 months to 30 April 2025, with an eighth consecutive year of revenue and profit growth.
- Total revenues up 11% from £495.6m to £550.9m
- Scottish revenues up 12% - 8th consecutive year of double-digit % growth in Scotland
- Profits up 6% from £210.5m to £224.1m
- Total partner number up 9% to 444 (including 59 new Partner hires and promotions), including 48 in Scotland
- Global headcount up 6% to 2,952
- New offices in Warsaw and Abu Dhabi
Addleshaw Goddard, which has more than 300 people across its three Scottish offices, including 30 in Aberdeen. The Aberdeen office was strengthened during the year, with six new people joining its office in the city, including Anya Duncan, Partner, and Associate Alanah Mills enhancing the firm's employment team in the city alongside existing Aberdeen-based employment and immigration law specialist, Robert Phillips.
Other Partner hires included Martin Devine (Real Estate) and Fiona Cameron (Finance) in Glasgow, and Sophia Harrison (Contentious Insolvency) in Edinburgh.
Alan Shanks, Head of Scotland at Addleshaw Goddard, said: “This has been another strong year for the firm internationally and our Scottish office have contributed significantly to these results, with every practice group enjoying growth and our performance in finance, restructuring and projects & infrastructure being key drivers.
“The Scottish market is hugely important to us, and Aberdeen continues to thrive while our upcoming moves in Edinburgh and Glasgow will help support our ambitious growth plans. We'll continue with our strategy of developing our own talent as well as continuing to attract the very best people – with more lateral hires expected to join the firm in the coming months.
“We have enjoyed a strong start to the current financial year, driven by our excellent and active client base and this is an exciting period to be part of the firm. We believe that Addleshaw Goddard offers a compelling proposition in Scotland and we look forward to continuing to do the best work for the best clients from our new state-of-the-art workplaces.”
Alan Shanks, Head of Scotland at Addleshaw Goddard
Andrew Johnston, Managing Partner of Addleshaw Goddard, said: "It has been another strong year for AG and we are pleased with the financial results, as well as the progress that we have made in evolving the firm’s growth strategy. We performed well across our key markets, boosted by the Madrid office launch in May 2024 and our first full year of business in Riyadh. From market leading acquisitions to complex financing and restructurings, clients have trusted us with the most important matters for their businesses. Our year-on-year revenue and profit growth as well as our robust cash position has allowed us to continue to invest significantly in our people, offices, and innovation, whilst enhancing the services we offer to our clients.
“Since unveiling our AG2030 strategy in November, we have entered the Central and Eastern Europe market through the addition of Linklaters’ Warsaw office, opened a new office in Abu Dhabi and have continued to invest in the UK and Ireland with exciting new offices for our people. Later this year, we will mark our 250th anniversary with a move to our new Lothbury headquarters in the heart of the City of London. Scotland continues to be a key market for us and our business north of the border continues to perform very well. I expect our Aberdeen, Edinburgh and Glasgow offices to play an important role in delivering AG2030.
“We take considerable momentum into the new financial year as we focus on winning additional market share across key clients, geographies and sectors."
FY25 highlights:
Markets
- Addleshaw Goddard entered the CEE market through the addition of Linklater’s Warsaw office, including nine partners.
- Addleshaw Goddard's office opening in Abu Dhabi takes its international network to 21 offices across Europe, the Middle East and Asia.
- Ongoing infrastructure investment with expanded new Dublin office in January and moves to larger new premises in London, Edinburgh and Glasgow this financial year.
Clients
Notable transactions included advising:
- Nationwide Building Society on £2.9bn acquisition of Virgin Money.
- Coventry Building Society on £780m acquisition of The Co-Operative Bank.
- Guardian Media Group on sale of The Observer to Tortoise Media.
- Hispasat and the SpaceRISE consortium on the €10.6bn IRIS2 satellite constellation project.
- Applied Nutrition plc on the largest consumer IPO since 2021.
- Owner of Paris Marriott Champs-Élysées hotel on EUR175m refinancing.
Culture
- Named one of the Financial Times’ Best Employers UK 2025.
- Ranked 11th in the Social Mobility Foundation Employer Index, up from 36th last year.
- Named a Times Top 50 Employer for Gender Equality and the first major law firm to receive the Fertility Matters at Work 'Fertility Friendly' accreditation.
- 17% rise in firmwide pro bono hours with a value of over £5.4M and a 31% increase in firmwide volunteering hours.
Brand
- Legal Firm of the Year 2025 at the inaugural British Business Awards in Edinburgh.
- First official legal sponsor of the RHS Chelsea Flower Show.
- Named Corporate and Projects Firm of the Year at the Legal 500 Scotland Awards
Innovation
- Recognised as one of the world’s Top 20 most innovative law firms by FT Innovative Lawyers: 20 Years, an authoritative report on 20 years of innovation in the legal sector.
- Named ‘Team of the year: Legal transformation’ at The Lawyer Awards 2025.
- Adoption of Legora into AG’s suite of technologies as part of strategy to further integrate advanced generative AI (GenAI) tools across our legal operations.