8% Turnover Increase in 2025

We are pleased to report strong commercial performance for 2025 with turnover of €131.5m, an 8% increase on the previous year.

The result reflects robust demand for specialist legal advice. Clients are managing continuing regulatory shifts, making investment decisions in an increasingly volatile business environment and managing complex cross-border activity.

Managing Partner Will Carmody said clients continued to make significant commercial decisions in a more demanding operating environment.

He commented:

“Businesses are operating under greater regulatory scrutiny while still pursuing growth and investment. We are seeing sustained demand for specialist judgement where regulatory risk and commercial outcomes are closely linked. Areas of particular focus included technology and financial services regulation, along with infrastructure development.”

Will was reappointed Managing Partner for a second term from 1 January 2026, with a mandate to further deepen specialist expertise and enhance client service through talent acquisition and technology.

He added:

“Clients want advice that is practical and aligned with their business objectives. Our priority is to invest in the resources and infrastructure that support our people and, in turn, our clients.”

Headcount increased by 8% including three lateral partner hires, three internal partner promotions and seven of counsel promotions during the year. We now employ 670 people across our offices in Dublin, London, New York and San Francisco. Our performance and dedication to client service was recognised in November, when we were named Irish Law Firm of the Year at The Lawyer European Awards.

Notable work

During the year, we advised on several significant Irish and international mandates, including major transactions across energy, financial services, technology, built environment, healthcare and life sciences.

In the energy sector, notable work included advising HitecVision and Reinova Partners on the launch of Lirion Power, a new Irish renewable energy platform, and its acquisition of six operational onshore wind assets from Greencoat Renewables plc. The team also advised Eiffel Investment Group in its landmark €323m financing facility for Power Capital Renewable Energy, Ireland’s largest solar independent power producer.

Financial services activity remained strong, with the firm advising on a $4.6 billion financing to Kaseya Group. Infrastructure is experiencing an upsurge and the team advised Ardstone on the purchase of substantial development lands in Clondalkin, which will ultimately comprise some 1,400 residential units along with a community centre and town plaza.

Cross-border transactions continued to be a key driver of activity. We advised Kestrel Capital on an investment by IK Partners, Project Delivery Partners Group on its sale to the EFOR Group, Evri on the acquisition of COLL-8, 360 Degree Underwriting on its sale to Ryan Speciality, and XRA 5 Corp on its acquisition of Mural Oncology.

Other notable work included acting for the ICSMA in An Taisce’s challenge to the Fifth Nitrates Action Programme and acting in the recent ComReg case against Sky concerning subscriber information.

Looking ahead, Will said the focus would remain on maintaining an exceptionally high quality of legal advice, as the firm continues to scale. He said:

“Our priority is on growth that is strategic and sustainable, supported by deep expertise and consistently excellent client service. That is what clients expect, and what we are focused on.”

Read the coverage of our turnover results in The Irish Times and, if you’d like to join our growing team, explore our current vacancies.