AGM Outlines Growth Plans
May 22, 2014
Exchange Chambers hosted its AGM on Saturday with the forward-thinking Set unveiling plans for a new corporate management structure.
In announcing record turnover of £25.72m for the 2013/2014 financial year, Head of Chambers Bill Braithwaite QC outlined how the Set plans to strengthen its position as one of the country’s leading barristers’ Chambers.
“Our new management structure will enable Chambers to react quicker to market trends and opportunities,” said Bill. “We are looking forward to putting our plans into practice.”
Attended by barristers from Liverpool, Manchester and Leeds, Exchange Chambers’ AGM took place at 201 Deansgate, Manchester. Delegates heard how Chambers had budgeted for a drop in turnover as a result of cuts to publicly funded work but strong financial performance from all departments had delivered a 10% fee income rise.
“We are delighted with Chambers’ financial performance – all our departments performed strongly,” said Director of Chambers, Tom Handley.
“To increase revenue, and exceed budget, at a time when the Government seems intent on destroying the criminal Bar with its fee cuts, is our best performance yet. It is a great testimony to all our barristers,” he added.