PENNINGTONSMANCHESOutstanding year of growthfor Penningtons ManchesLeading law firm Penningtons Manches has achieveda 12% increase in turnover in the 2016-17 financialyearIn its eighth consecutive year of growth, fee incomeclimbed from £61.6 million to E69.6 million. Keysectors, including private wealth, technology andreal estate, saw continued growth in fee income.Nearly all practice areas posted increases, with anumber doing exceptionally well. Revenue from thecorporate team was up 29% thanks to a generalincrease in both the volume and value of deals ornthe back of a strong M&A market and a surge ininstructions post-Brexit. Highlighting the strength ofthe firm's sector focus, nearly 40% of transactionswere in the technology sector and a quarter in lifesciences and healthcare.Commercial dispute resolution was another area todemonstrate a noteworthy performance. The teamcovers UK and international litigation and arbitrationas well professional negligence and privacy/reputa-tion management.The firm's family and private client teams also hadagreat year, with partners and associates winning orbeing shortlisted for several prestigious awards andincluded in lists of top practitioners across theDavid Raine, Penningtons Manches CEO, said: "Weare absolutely delighted with what has been anincredible 12 months. Whilst certain teams havedone exceptionally well, all teams have contributedto help deliver these record-breaking results.""We continue to enhance our position across ourcore sectors by constantly reviewing and strengthening the services we provide through our specialistpractice areas."Another significant landmark for PenningtonsManches this year was the launch of the Penningtons Manches Charitable Foundation. The founda-tion prioritises vulnerable groups, educationprojects and community initiatives. The Basingstokeoffice has chosen to support three charities in theHampshire region: St Michael's Hospice, Step byStep, and the Trussel Trust.For more information pleasecontact Penningtons ManchesBasingstoke office on01256 407100 or viaPenningtons Manches LLPwww.penningtons.co.uk

Date: 11 January 2018

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PENNINGTONS MANCHES Outstanding year of growth for Penningtons Manches Leading law firm Penningtons Manches has achieved a 12% increase in turnover in the 2016-17 financial year In its eighth consecutive year of growth, fee income climbed from £61.6 million to E69.6 million. Key sectors, including private wealth, technology and real estate, saw continued growth in fee income. Nearly all practice areas posted increases, with a number doing exceptionally well. Revenue from the corporate team was up 29% thanks to a general increase in both the volume and value of deals orn the back of a strong M&A market and a surge in instructions post-Brexit. Highlighting the strength of the firm's sector focus, nearly 40% of transactions were in the technology sector and a quarter in life sciences and healthcare. Commercial dispute resolution was another area to demonstrate a noteworthy performance. The team covers UK and international litigation and arbitration as well professional negligence and privacy/reputa- tion management. The firm's family and private client teams also hada great year, with partners and associates winning or being shortlisted for several prestigious awards and included in lists of top practitioners across the David Raine, Penningtons Manches CEO, said: "We are absolutely delighted with what has been an incredible 12 months. Whilst certain teams have done exceptionally well, all teams have contributed to help deliver these record-breaking results." "We continue to enhance our position across our core sectors by constantly reviewing and strengthen ing the services we provide through our specialist practice areas." Another significant landmark for Penningtons Manches this year was the launch of the Penning tons Manches Charitable Foundation. The founda- tion prioritises vulnerable groups, education projects and community initiatives. The Basingstoke office has chosen to support three charities in the Hampshire region: St Michael's Hospice, Step by Step, and the Trussel Trust. For more information please contact Penningtons Manches Basingstoke office on 01256 407100 or via Penningtons Manches LLP www.penningtons.co.uk

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