London law firm, Howard Kennedy is pleased to announce that following an exceptional year of growth, the firm's revenue increased by 15% in the financial year 2023/2024.
Headline figures and highlights include:
Revenue reached £74.4m – up from £64.9m on the previous financial year
Profit up by 22%
Double digit growth across three of the firm's departments:
Real Estate – 19%
Private Client & Family – 17%
Dispute Resolution – 19%
Average profit per equity partner - £362,000 – up 24%
Commenting on the firm's strong results, Managing Partner, Craig Emden says: "We have had an excellent year, with not only strong double-digit revenue growth, but also robust profit growth too.
As well as excellent financial results we continue to invest in our key asset – our people. We've had three partners join this year and 24 partner appointments since the implementation of the firm's growth plan in May 2021 – including the acquisition of Corbett & Co in March last year. We continue to invest in the careers and development of our people having promoted three to the partnership this year.
The results are a testament to the hard work, enthusiasm and dedication of all our people. We have ambitious plans to grow our firm and we are on track to meet our £80m target this year."
Want to hear more from us?