Burges Salmon has hit a new record revenue high, with turnover rising 3% to £90m during the last financial year.

Turnover rose from £87m to £90m at the Bristol-based firm during 2017-18, alongside a dip in profit per equity partner (PEP) of 1.8% from £438,000 to £430,000.

The drop in PEP follows a 16% fall during 2016-17 from £523,000 to £438,000, while last year the firm also saw its revenue dip slightly from £87.4m to £87m.

Managing partner Roger Bull said: "With our focus on the UK, continuing political and economic uncertainty continues to make this a challenging market, but we have seen significant growth in many of our key sectors and specialisms over the past 12 months. We also continue to make important investments for our future growth.

"Over the last three years our partnership has grown approximately 10% in partner numbers, and the firm has invested heavily in technology to promote client-facing solutions and to support agile working."

Former employment head Bull succeeded Peter Morris as the firm's managing partner in May this year. Morris served two four-year terms, having originally been appointed to the role in 2010. Bull joined the Bristol firm as a trainee in 1995, made partner in 2003 and led the firm's employment team from 2011.

In April, the firm was reappointed to the UK panel of EDF Energy after the company cut its legal roster by 40% from 14 law firms to eight. The firm is also an adviser to the Ministry of Defence and last year earned £621,378 in fees for advice to the government department.