TLT has been ranked in nine practice areas in Scotland by the 2023 edition of the Legal 500 – a prestigious, independent guide to the legal sector.
TLT grew its ranking in Scotland for insolvency and corporate recovery and banking and finance, having advised on a number of high-profile transactions in the last year. These have included working with Santander UK on its most recent round of funding to support the construction and operation of an additional in front of the meter battery storage project – anticipated to be the largest in Scotland.
Six TLT lawyers in Scotland are individually ranked, including Caroline Loudon, John Paul Sheridan and Stephen McGowan as ‘Leading Individuals’, Niall Hassard as ‘Next Generation Partner’ and legal director Ainslie Benzie as a ‘Rising Stars’.
The breadth and depth of TLT’s offering in Scotland is illustrated in its Legal 500 rankings, which include banking and finance; real estate; corporate; commercial; debt recovery; employment; future energy; restructuring and insolvency; licensing; and professional negligence.
John Paul Sheridan, partner and location head for TLT in Scotland, commented: “It’s been a phenomenal year of success for TLT in Scotland. As well as working on some of the most significant deals in the UK, we have also grown our client portfolio and continued to invest in our team in order to continue to deliver a best-in-class service.
“This year saw TLT in Scotland move into our new office in Glasgow at the remarkable Cadworks development, and recruit business immigration expert Joanne Hennessy to lead our team of six immigration lawyers and meet the growing needs of clients.
“The Legal 500 rankings are in part based on client feedback so it’s great to see our commitment to clients and the quality of our advice being recognised once again.”
TLT is ranked in 72 submission areas across England & Wales, Scotland and Northern Ireland in the Legal 500 UK rankings 2022, with eight lawyers listed in the ‘Hall of Fame’, 34 as ‘Leading Individuals’, ten as ‘Next Generation Partners’ and ten as ‘Rising Stars’.
TLT revealed a record financial year with 30% turnover growth in 2021/2022. Revenue is up to £144m from £110m in 2020/2021, exceeding the £140m target initially set for 2025. The results follow an exceptional year in which TLT launched the firm’s strategic vision for 2025 aiming to drive robust financial growth by increasing resources, developing the firm’s reach locally, nationally and internationally, and using the latest integrated technology, whilst delivering a progressive workplace agenda, with market leading sustainability.
