Partners at Liverpool law firm Hill Dickinson share £64.9m bonus pot, with the highest-paid partner pocketing £1.26m, as it sets a £200m turnover target. Tony McDonough reports
Liverpool law firm Hill Dickinson is targeting an annual turnover of £200m as the annual bonus pot paid to its partners is revealed.
In late November Hill Dickinson, based at St Paul’s Square, revealed an 18% rise in annual revenues to £172.1m for the 12 months to April 30, 2025. It also said profit before members’ remuneration was up 15% to £67.4m.
Now the firm has published more information in its annual accounts for the period, posted on Companies House. They reveal pre-tax profits of £68.2m. And they also reveal the bonus pot for partners (which it calls members).
During the accounting period there were 161 partners (there are now more than 175) and they have shared a bonus pot of £64.9m. The highest-paid partner received more than £1.26m. In the previous year 150 partners shared more than £56m.
Its announcement in November also included a rebrand and “refreshed corporate narrative”. This followed its landmark stadium naming rights deal with Everton FC for the new 52,769-seat Hill Dickinson Stadium at Liverpool’s Bramley-Moore Dock.
Although no value was announced, the multi-year deal is likely to be worth tens of millions of pounds to the Premier League club.
Hill Dickinson employs more than 1,100 people with offices in Birmingham, Hong Kong, Leeds, Limassol, Liverpool, London, Manchester, Monaco, Newcastle, Piraeus and Singapore. The rebrand was delivered by design agency Living Group.
These latest accounts also show the firm’s maritime division, its historic and most international-facing arm, increased turnover from £44m to 51m, breaking the £50m fee income mark for the first time in its history.
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In the accounts Hill Dickinson said: “Our financial position as we look to the future is strong.
“We are debt-free, we have significant cash reserves and we have been able to fund all our current major investments in the period, including investment in our new offices and our brand project, entirely from our retained profits.
“We have current ambitions to continue our UK and international growth plans towards becoming a £200m-plus firm in the near future with continued growth being targeted across all our divisions.”