Addleshaw Goddard spent £20.9m fitting out its new London office in Milton Gate, the firm's limited liability partnership (LLP) filings have revealed.

According to the filings with Companies House, the national firm took out a £5.5m loan in order to help fund the process of setting up the new flagship office.

However, Addleshaws told Legal Week that the loan was relatively small in comparison to the total costs of £20.9m, with the firm having built up cash reserves to pay for the long-planned move, which united its London lawyers under one roof.