Founding partners Andrew Wordsworth, Nicholas Bortman and Joana Rego set up the specialist investigations firm Raedas in September 2016. As we celebrate our three year anniversary, we reflect on our growth and our Chambers Band 1 ranking with an eye on the future.
From the start we positioned Raedas with a clear purpose and proposition, to provide the investigative specialism and knowledge that complex disputes require and that was so evidently missing in the marketplace. Our founding objective was to focus on the needs of clients in contentious scenarios: “We wanted to provide a bespoke service tailored to supplying solutions and avoiding simply being a supplier of reports,” Andrew said.
Since 2016 Raedas has grown rapidly with latest reported annual revenues over £3.4 million and £1 million operating profit. Our permanent staff count continues to expand. We are now a team of 15 with 11 languages spoken inhouse supported by a roster of accounting, computer forensics and other experts contracted on case by case basis.
The firm’s hands-on approach has proven to be a valuable asset to its clients. “The firm’s top ranking by Chambers was a thrilling validation of our approach,” noted Nicholas Bortman. We are proud to have established a reputation as a go-to firm for litigators and arbitration lawyers. “We live and breathe our clients’ cases: their wins are ours, as are their losses,” Joana added.
With an eye on the next three years and beyond, we are working to make litigation and arbitration increasingly collaborative, envisioning a future where lawyers, investigators and other disputes specialists routinely work seamlessly, combining our clients’ ground-breaking legal thought with our expert tradecraft to deliver the best possible outcome. To do so, Andrew said: “We have to keep thinking more and more creatively.”
At the same time we are exploring opportunities to transcend the traditionally commercial orientation of our services, working with human rights organisations, anti-corruption advocates and others on pro-bono initiatives. “In 2020 we hope to create innovative mechanisms for civil society to benefit from Raedas’ expertise and that of other private sector specialists,” Nicholas said.
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