New Glasgow hub for Morton Fraser
Morton Fraser has invested seven figures in a new, central Glasgow hub as part of a post-Covid modernisation programme.
The law firm has also posted record results, paying its highest ever staff bonus pool while investing more than £1 million in new premises designed for hybrid, collaborative working.
The company reported revenues of £23.9m for the year to April 2022, a 16% increase on last year. It has also grown its net profit by more than 40%. This has allowed it to deliver a staff bonus pool of more than £600,000, which is 50% higher than the previous year and 30% higher than 2019/20.
Morton Fraser said that the new hub in Glasgow aimed to break old stereotypes associated with working at law firms, offering lots of collaborative co-working spaces, standing desks and informal booths.
Chris Harte, Chief Executive of Morton Fraser LLP, said: “The pandemic reset everybody’s view of work-life balance. We have responded to that by investing heavily in a place that aids collaboration and mental wellbeing while still providing the facilities needed for the rigours of legal work. People should enjoy coming to the office and we have worked hard to make it a place people want to, rather than have to, be. This is a great example of putting our people first, ensuring they have the flexibility and resources they need to flourish.”
The firm has also hired two Ukrainian lawyers through the Interlaw network, offering them both employment and training in Scotland.
Mr Harte said: “We take our social responsibilities very seriously and felt it was important to respond to the call for help when it came. I know many Scottish firms have tried to support Ukrainian lawyers. It is heartening to see the sector come together to offer some hope to those in desperate circumstances.”