Login
Arnold Thomas & Becker names 7 new principals following revenue increase of 27% in FY22
Victoria-headquartered firm Arnold Thomas & Becker has more than doubled the number of principals in its ranks, as the firm recorded a significant increase in revenue in the last financial year.
Jerome Doraisamy
The personal injury firm — which has nine offices across Victoria, including in Melbourne central business district, Craigieburn, Dandenong, Richmond, Ringwood, Werribee, Geelong, Warrnambool and Ballarat, as well as presences in Sydney and Tasmania by appointment — had swelled its number of principals to 12, having elevated seven professionals.
The firm’s managing director Lee Flanagan said he was “thrilled” to promote the professionals.
“The expansion of our leadership team comes at a time where we have also seen positive growth across the firm in terms of revenue, staff numbers and new clients. These are outstanding results, particularly given the ongoing disruptions caused by the COVID pandemic, and are a reflection of the hard work, expertise and dedication of all of our people. The results we’ve achieved in recent years demonstrate the very strong momentum we have at Arnold Thomas & Becker.
“We are extremely proud of this result and grateful to everyone at Arnold Thomas & Becker for the role they have played in achieving it,” he added.
Together with the announcement of its newest principals, Arnold Thomas & Becker also noted that it had experienced a “record” increase in revenue in the past financial year, up 27 per cent from FY21.
Moreover, the firm’s personal injury practice achieved 58 per cent growth, year on year, in the number of files it manages.
The firm’s focus on its people, Mr Flanagan posited, has been a “major factor” in its success in FY22.
“Our strong results have enabled us to continue to invest in our people, and to provide them with record bonuses, promotions and salary increases. We have also extended our flexible working policy, introduced new learning and development initiatives and we continue to offer our staff three ‘Wellness Days’, which give our people more time to focus on their wellbeing,” he outlined.
“Over the past two years, we have also increased our staff by more than 35 per cent and created new roles across the organisation.
“We predicted strong double-digit growth for this year, and have more than achieved that.
“By continuing our strong focus on investing in our people and in future growth, I have every confidence these outstanding performance results will continue.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
You can email Jerome at:
