Harbottle & Lewis announces FY24 financial results

Harbottle & Lewis announces FY24 financial results

Harbottle & Lewis has announced its financial results for the 2023/24 financial year.

This year’s published figures capture both the ten month period from 1 June 2023 to 31 March 2024, in light of the alteration of the firm’s year end to align with the tax year following HMRC’s basis period reform, and the twelve month period from 1 June 2023 to 31 May 2024.

  • For the ten month period ending 31 March 2024, the firm reported income of £42.9m. This represents a 12.9% increase on the corresponding ten month period the year before, from 1 June 2022 to 31 March 2023, in which the firm generated income of £37.9m.
  • For the twelve month period ending 31 May 2024, the firm reported income of £51.9m. This represents a 9.3% increase on the 2022/23 financial year, in which the firm reported income of £47.5m.

These results reflect the firm’s continued growth over a number of years. In the 2016/17 financial year, the firm reported income of £28.1m. This year’s results therefore represent an 85% increase in income over the last seven years.

Co-managing partner Tony Littner said:

“This is the first time that Harbottle & Lewis has generated fees of over £50 million in a twelve month financial year in its near 70 year history, so to reach and then comfortably surpass this figure is a significant achievement and historic milestone for the firm. Everyone at the firm has played their part in contributing towards our achievements and, on behalf of the senior leadership team, we thank them all for their dedication and commitment. Our strong performance not only demonstrates the progress we are making in implementing our strategy and realising our long term vision, but it also means we have strong foundations for further growth, whether through investment in innovation and new technology or through investment in our people via promotions or lateral hires. These results mean that we move forward with great optimism that we will continue our upward trajectory.”

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Charlie Leveque Co-Managing Partner

Charlie is the firm’s co-managing partner and head of the corporate practice.

Charlie is the firm’s co-managing partner and head of the corporate practice.

Outside of his management roles, Charlie advises on a wide range of corporate transactions from private and public mergers and acquisitions to investments, joint ventures, fundraisings and shareholder arrangements involving private equity, venture capital, family office and strategic parties. He has advised on a number of IPOs on the AIM market of the London Stock Exchange.

His clients comprise investors, funds and companies of all sizes, from start-ups to international corporations in a wide range of industries; he is particularly experienced in advising clients in the technology, media, entertainment, retail and leisure sectors. He is also passionate about advising entrepreneurs, accompanying them from the inception of their ideas to exit.

Charlie is a member of the British Screen Advisory Council and the EIS Association.

Tony Littner Co-Managing Partner

Tony is the firm’s co-managing partner and co-lead of the firm’s venture capital practice.

Tony is the firm’s co-managing partner and co-lead of the firm’s venture capital practice.

Tony advises on a wide range of corporate transactions, including investments and venture capital deals, buying and selling businesses and shareholder arrangements. Tony is widely recognised as one of the leading venture capital lawyers in the UK and is a trusted adviser to entrepreneurial businesses and to the investors in such businesses, with a particular focus on the technology, media and entertainment sectors.

Tony frequently advises emerging companies and the founders behind such companies on their full lifecycle from inception of an idea through to funding rounds, exit and beyond as well as the venture capital funds and investors that invest in such high growth businesses.

Tony is recognised as a "Leading Partner" by The Legal 500 and ranked by Chambers in venture capital work.