LAWRIE IP, the Scottish intellectual property firm, has lifted turnover to £2.6 million from £2.2m in last year and secured gold ranking for its trademark practice.

The Glasgow-headquartered company is now one of only two gold rated firms in Scotland this year in the World’s Leading Trademark Professionals rankings, alongside Brodies.

As well as the overall firm’s ranking, Lawrie IP director and chartered trademark attorney Sharon Mackison received a gold individual ranking and Shirley Collins, also a chartered trademark attorney, was awarded silver.

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Donald Lawrie launched Lawrie IP in 2010 and it has expanded steadily with an increase in turnover in the last five years from £880,000 in 2014/15 to £2.6m in the year to the end of April 2020.

In the last year, Lawrie IP has taken on seven new team members, including trainees in both the patent and trade mark teams. It has also recruited an experienced patent paralegal, an accountant and support staff.

The firm will further strengthen its trade mark practice with the addition of Rachel Denholm, a chartered trademark attorney who has been recruited from rival HGF, in June.

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Lawrie IP has more appointments in the pipeline and is actively recruiting fee earners as its client work grows.

Over the last 12 months, it has signed up more than 70 new clients, including start-ups, small and medium sized businesses and large corporate firms with established international portfolios.

The firm said the pandemic has seen a rise in the number of fake goods on the market. Founder Mr Lawrie said: “Our values-led culture, which focuses on looking after our colleagues and clients, is the main driver behind the growth in our client base and our employee numbers.”

Last year the firm located to larger premises, moving into newly refurbished offices at 310 St Vincent Street, formerly Whyte & MacKay’s global headquarters.