Record turnover for 3PB
16th January 2020
National chambers 3 Paper Buildings (3PB Barristers) announces record turnover of £ 24.4 million, a rise of 12.6 % on last year’s £21.7 million; alongside fees per barrister (FPB) also growing on the back of 13.3 % growth on the previous year. After this record year 3PB has now set its sights on further expansion in Bristol, Birmingham and London.
The six-office, multi-disciplinary, chambers, now with more than 200 barristers, is described variously by the independent legal directories as “one of the largest in the country” with a team of clerks operating as a“well-oiled machine” and “the overall impression is excellent, from clerks to counsel and everything in between. They have fantastic teamwork."
Simon Astill, 3PB’s chief executive, said: “It has been a hugely positive twelve months with all our twelve teams performing strongly and employment, commercial litigation, education and international arbitration all performing extremely well. The multi-disciplinary nature of our chambers is driving high quality instructions across the board, including building a new client base in the last two years among solicitors, local authorities and PLCs across the Midlands. Our strategy of serving clients across multiple services and across the UK - as well as in certain specialist services into Middle East and Asia - seems to be bearing fruit, both with our existing client base and has also attracted a lot of new clients.”
3PB’s standout features include its barristers being regularly instructed on major national cases in 2020, such as landmark age discrimination case Eileen Jolly and holiday pay for ‘part-year’ workers Lesley Brazel, the contested divorce case of Owens v Owens and the miscarriage of justice compensation test case of Hallam v Secretary of State for Justice. 3PB’ strong financial performance is also enabling the set to invest in its future, with investments in legal research and new technology applications to help clients and barristers alike.
David Berkley QC, Head of Chambers, said:
“3PB’s results position us very well for future growth. We feel this investment in knowledge and technology marks our commitment to have, develop and attract the best barristers across the UK. We’re not going to sit still. We see the bar and legal sector generally changing and offering opportunities and we want to take advantage of those.”
Further information, contact : Simon Astill, Chief Executive, [email protected], 07802 157692