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Record income spurs DBS Law buying spree

The firm is ‘actively seeking to acquire law firms from around the country’  

21 May 2013

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By Manju Manglani, Editor (@ManjuManglani)

DBS Law has announced plans to acquire numerous law firms from around England on the back on record income figures for the past financial year.

The Birmingham-based law firm expects to have brought in £5.4m in 2012/13, a quarter of a million more than the previous year, after its accounts have been audited.

“DBS Law puts a great deal of time and effort into investing in our staff and our community and I believe this sets us apart from the competition. These turnover figures represent a magnificent effort by all staff during a very dark period for the economy and for the legal services sector. It also a vindication of our philosophy that DBS Law brings law to life,” said managing director Rob Bhol.

“If you’re in business, you have to understand that you can get more out of staff who are happy and committed to their work than you can from fearful forelock-tugging serfs. This is particularly true in a service industry like ours and something all law firms should urgently consider as competition from non-legal commercial organisation comes into play,” Bhol noted in his Managing Partner article ‘A people business: Increasing staff happiness and firm profits’.

For three years, DBS Law has been listed by the Sunday Times as a top-100 company to work for. It also has a bronze Investors in People award and works closely with the Prince’s Trust, Brake and the Midlands Air Ambulance on projects to support the wider community.

DBS Law says it has been persuing an aggressive growth strategy since 2008 under Bhol’s leadership, with income growing by 170 per cent over the past five years.

The firm says it is now “actively seeking to acquire law firms from around the country to broaden its service base”. It plans to begin a six-month advertising campaign to attract new business partners in June.

Recent additions to DBS Law’s portfolio include private client and property specialists brought in from the now-defunct Blakemores Solicitors in Birmingham.

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