National firm Foot Anstey has announced an 8% increase in turnover last year to post revenues above £50m for the first time and a pre-tax profit of £12.6m. 

Turnover was a record £53.5m – up from £49.7m in the last financial year – and the firm said the increase was driven by ‘impressive performances’ from its energy and infrastructure, Islamic finance, retail and consumer and developer teams, which all recorded double-digit rises in revenue.

Foot Anstey’s pre-tax profit for all partners was £12.6m and managing partner Martin Hirst said its results ‘illustrate the continued growth being generated by our sector focus and the outstanding work delivered by our teams’. He added: ‘We have bold growth ambitions and we are starting the planning for our next four-year strategic period, which we believe can fuel the firm’s success for many years to come.’

The firm has also hired Ali Allan, former PwC Australia’s finance director, as its new chief financial operations officer. Hirst said the appointment ‘demonstrates the ambition we have as a firm’, while Allan said: ‘It’s exciting to be joining a law firm with such a strong reputation in its market and as it plans for its next strategic period. I’m looking forward to working with its teams to help identify where they can obtain a commercial advantage to support their growth strategies and continue in delivering excellence to the firm’s clients.’