Skip to content
Law Society of Scotland
Search
Find a Solicitor
Contact us
About us
Sign in
Search
Find a Solicitor
Contact us
About us
Sign in
  • For members

    • For members

    • CPD & Training

    • Membership and fees

    • Rules and guidance

    • Regulation and compliance

    • Journal

    • Business support

    • Career growth

    • Member benefits

    • Professional support

    • Lawscot Wellbeing

    • Lawscot Sustainability

  • News and events

    • News and events

    • Law Society news

    • Blogs & opinions

    • CPD & Training

    • Events

  • Qualifying and education

    • Qualifying and education

    • Qualifying as a Scottish solicitor

    • Career support and advice

    • Our work with schools

    • Lawscot Foundation

    • Funding your education

    • Social mobility

  • Research and policy

    • Research and policy

    • Research

    • Influencing the law and policy

    • Equality and diversity

    • Our international work

    • Legal Services Review

    • Meet the Policy team

  • For the public

    • For the public

    • What solicitors can do for you

    • Making a complaint

    • Client protection

    • Find a Solicitor

    • Frequently asked questions

    • Your Scottish solicitor

  • About us

    • About us

    • Contact us

    • Who we are

    • Our strategy, reports and plans

    • Help and advice

    • Our standards

    • Work with us

    • Our logo and branding

    • Equality and diversity

  1. Home
  2. News and events
  3. Legal news
  4. Ledingham pays cost of living bonus on back of results

Ledingham pays cost of living bonus on back of results

17th October 2022 | practice management

Ledingham Chalmers is to pay its staff a £1,200 cost of living bonus, the Aberdeen-headquartered legal firm announced as it unveiled its 2021-22 financial results.

Each member of staff employed on 10 October 2022, and not serving notice, will receive a one-off payment of £1,200. Ledingham Chalmers has set aside £200,000 to provide this support, part of a £400,000 pot for staff which also includes discretionary bonuses and the performance related pay ("PRP") scheme.

In 2021-22 the firm achieved its highest turnover – £12.8m – since becoming a limited liability partnership in 2006. Including subsidiary Ledingham Chalmers Financial, group turnover reached £13.6m, compared with £12.3m in 2020-21. Group profit rose to £4.1m from £4m the previous year.

Ledingham Chalmers said the results followed a strong performance across the board, including in the staple corporate and commercial practice areas, as well as rural and private client.

Last year, Ledingham Chalmers announced its goal was to double its turnover to £25m by 2025.

During the year the firm’s charitable trust donated £13,000, including £7,000 to recognise colleagues’ efforts to mark its 30 years in business.

Managing partner Jennifer Young commented: "Everyone is dealing with a rising cost of living, and we haven’t underestimated what that means for our colleagues, so it’s important we take steps to provide as much support as we can.

"That’s why, as well as these bonuses and PRP payments, we’ve benchmarked salaries against the marketplace and are reviewing our wider benefits package."

She added: "The market is changing dramatically, client demand is evolving, and also how we deliver legal services is changing. So, it’s going to be an exciting time for the firm. The exceptionally competitive marketplace for recruiting, winning, and retaining business is certainly a challenge, but one I think we’re more than up for."

Add To Favorites

Additional

  • News and events

In this section

  • Law Society news
  • CPD & Training
  • Blogs & opinions
  • Events
  • 75th Anniversary

Categories

  • civil litigation
  • criminal law
  • employment
  • obituary
  • careers
  • practice management
  • law society of scotland
  • government-administration
  • welfare/benefits
  • family-child law
  • reparation
  • professional regulation
  • property (non-commercial)
  • insolvency
  • consumer
  • human rights
  • mental health-adult incapacity
  • planning/environment
  • europe
  • information technology
  • immigration
  • education-training
  • executries
  • corporate
  • commercial property
  • agriculture-crofting
  • dispute resolution
  • risk management
  • intellectual property
  • client relations
  • tax
  • licensing
  • banking-financial services
  • trusts-asset management
  • reviews
  • opinion
  • For the public
  • Research and policy
  • Regulation
  • Journal online news
  • interview

News Archive

  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013

Related articles

  • Thorntons hires Inverness team to set up new office
  • Addleshaw elects Middle East head as managing partner
  • Ledingham Chalmers reveals hires and financial results
  • Brodies announces changes at the top
Law Society of Scotland
Atria One, 144 Morrison Street
Edinburgh
EH3 8EX
If you’re looking for a solicitor, visit FindaSolicitor.scot
T: +44(0) 131 226 7411
E: lawscot@lawscot.org.uk
About us
  • Contact us
  • Who we are
  • Strategy reports plans
  • Help and advice
  • Our standards
  • Work with us
Useful links
  • Find a Solicitor
  • Sign in
  • CPD & Training
  • Rules and guidance
  • Website terms and conditions
Law Society of Scotland | © 2025
Made by Gecko Agency Limited