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Enterprise

Midlands law firm Howes Percival posts 12% increase in turnover since start of pandemic

Firm takes bigger chunk of market in Leicester, Northampton and its other º£½ÇÊÓÆµ office sites

Geraint Davies is partner and chairman at Howes Percival

The chairman of Howes Percival said the law firm has recorded a 12 per cent increase in turnover since the start of 2020, with profits per equity partner also up 12 per cent over the same period.

Geraint Davies, who is also a Leicester partner in the business, said turnover had increased from £23.4 million before the pandemic to £26.3 million this year. He also said the firm had taken a bigger chunk of the market share in Leicester, Northampton and its other º£½ÇÊÓÆµ office sites.

He said the last 12 months had seen Howes Percival invest in a nationwide expansion programme, with close to 100 new recruits brought in. The Leicester office, he said, opened in July 1997 in New Walk with a team of just six lawyers. Today, more than 60 of the firm’s staff are employed at the office, now on the Meridian Business Park, providing corporate and family law services.

Mr Davies said: “We are absolutely delighted with the way the firm has performed over the last couple of years.

“Like everyone, we experienced the shock waves when the pandemic struck, but we were able to adapt quickly to the new ways of working to support our clients and take advantage of the opportunities that emerged in certain sectors.

"We’ve seen very strong growth in core areas such as corporate and commercial, property, litigation, employment law and private client services.

“The pandemic presented a unique set of challenges, but the firm responded strongly.

“We made a conscious decision to carry on investing in people and technology during the pandemic, to ensure that we were in the best possible position when we came out the other side, and that is now paying dividends. We are seeing the momentum carry on and anticipate further double-digit growth in this financial year too, as a result.