South West law firm GA Solicitors has reported record growth, with turnover, profit and headcount at the highest levels in the group’s 200-year history.
The firm, which is headquartered in Plymouth with a second office in Bath, said it had seen turnover and profit increase “by a significant margin” in the last 12 months.
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Partners at the company said plans were in place to invest “a substantial amount” of this back into its staff, facilities and technology, including a full IT overhaul next year. This will see the replacement of all existing laptops across the firm, the introduction of modern handsfree headsets, and new software and programming across the board, including new cutting-edge cybercrime and ransomware software.
GA said this year had seen “a significant pay increase” for its 93-strong workforce to help alleviate the pressures of the cost-of-living crisis, which had increased salary overheads for the growing law firm by hundreds of thousands of pounds.
GA said it had recruited nine people In the last few months and was looking to take on a further seven as it continues to develop its services and build upon niche sector specialisms.
In addition to its IT and staff, the firm is also planning to upgrade its heating and boiler systems to ensure it operates in a more energy efficient manner. This decision follows an 18-month programme of tackling the firm’s environmental impact and looking to reduce its carbon footprint.
The company said the growth had been driven by its work in areas such as residential conveyancing, dispute resolution, family, commercial property and personal injury.
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David Wallis, managing partner of GA Solicitors, said: “There is no doubting that the legal sector remains very competitive and, with regulations tightening and costs rising, firms must work hard to remain profitable, efficient, compliant and also effective.
“At GA Solicitors we of course face all of these challenges, we are however very lucky to have a strong team of staff – both legal and administrative. Each person plays a key role in the organisation and ensures we offer not only top-level legal advice, but also an incredibly high level of client service.”