Corporate specialist law firm TLT is expanding
The law firm TLT has expanded from its Bristol base to Manchester, Edinburgh, Glasgow, Belfast and London, specialising in clean energy, digital, financial services, leisure, food and drink, public sector, real estate, and retail and consumer goods. Marc Mullen reports on their expansion and how they are affected by COVID-10 and Brexit.
At the turn of the millennium, as the tech bubble was inflating, then bursting, two law firms in the South West corner of England were merging to form TLT. Their ambitious plan was to grow a national multidisciplinary legal advisory firm with corporate as one of its core offerings. Two decades on, TLT’s fee income has grown tenfold – from £10m to £98.8m in 2020. The firm’s head office remains in Bristol, but it now employs more than 1,200 people across the UK, in five other offices – Manchester, Edinburgh, Glasgow, Belfast and London.
Andrew Webber, who has been with the firm since it was founded, is now head of the corporate team, which operates nationally and remains deeply rooted in the regions: “It was important that we established and maintained a presence in the business communities and became part of the deal networks where we’re based, to support local start-up or growth businesses as well as larger businesses. We wanted to replicate what we had successfully done in the South West across our other offices. In addition, often when we’re working with national and international organisations or Plcs and their funders and advisers, it’s important we have an office and a real presence in the City of London.”