Tuesday, October 22, 2024

Law firm’s fees top £30m after 14% increase

Lincolnshire and East Yorkshire law firm Wilkin Chapman has increased fee income by 14% across its offices in Grimsby, Lincoln, Beverley, and Louth in in the last financial year.

Fee revenue of £31.17m bat the previous year’s total of £27.4m in the last financial year, with all four of the firm’s offices achieving increased revenue. revenue rise – with particular growth in Beverley and Grimsby. Net profit was much the same at 24%.

Senior Partner Chris Grocock said: “We are very pleased at the continuing confidence in us as a firm from established and new clients and it is testament to the quality of our support that we have achieved such growth. This follows strong growth in the previous financial year which had seen an increase of more than 10% in fee revenue.

“Importantly this growth has enabled us to invest in our people and infrastructure to further help develop the business in the medium term.”

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