Leading private wealth & real estate firm Boodle Hatfield announces continued financial growth
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Boodle Hatfield, a leading private wealth and real estate law firm, announces today that fee income during the 2023-24 financial year remained strong at £33.1m in a shortened financial year . Due to basis period reform changes affecting all law firms, this financial year was truncated to 11 months.
The firm continues to see sustained growth in its international offering, delivering an impressive 33% growth in this space since the pandemic. The firm was founded in London in 1722 and, alongside our leading domestic practice, Boodle Hatfield is renowned for advising internationally mobile, ultra-high-net-worth individuals and families. The partners have continued to focus on growth and diversification, making us trusted advisers to today’s modern families and individuals – many of whom have roots and assets all over the world. Understanding the needs of our international clients, their businesses and their families and coordinating advice in multiple jurisdictions means we provide holistic and clear advice for what are often complex scenarios.
Commenting on these results, Senior Partner, Andrea Zavos said: “This is a fantastic result in a shortened financial year. I’m proud of how the firm has pulled together to adjust to the change in the financial year end date whilst still delivering strong revenue results. Our international growth is testament to the specialist expertise we provide at Boodle Hatfield and the relationships we have forged across the globe. We continue to focus on growing this key offering, alongside our successful domestic practice.”
In line with the firm’s strategic growth ambitions, the last 12 months saw the arrival of three lateral hire partners, three new promotions to partner from our own senior associates and four new promotions to senior associates. The firm is also looking forward to welcoming four new trainees in September reflecting its continued investment in future talent and growth of its people.
As a further step in the firm’s endeavours to encourage inclusion, diversity, and gender parity in its workplace, Boodle Hatfield unveiled a new equal opportunity parental leave policy in January.
