For the 23 City and boutique firms that fall into the second 50 in this year’s LB100, average turnover is up 11% to £53.4m, marking the largest growth across all groups.
‘A couple of years ago people were saying it was the death of the mid-market. We don’t buy that. We think that the mid-market is alive, strong and kicking,’ says Fladgate’s managing partner Grant Gordon.
