Law firm Knights has reported strong revenue and profit growth for the first half of its current financial year which saw it moving into the Welsh marketplace.
Knights, which has its headquarters in Stock-on-Trent with a network of º£½ÇÊÓÆµ-wide offices, established an office in Cardiff following the acquisition of Le Gros Solicitors.
Its Cardiff office, based in temporary space at Brunel House, consists of a team of 14, of which eight are partners. The firm,
which is actively recruiting in Cardiff, is expected to confirm a new permanent office location, in the city centre, in January.
Knights said it anticipates revenue for the six months to the end of October 2025 to be £103.2m - a 30% increase on the prior year - with a 12% increase in underlying profit before tax of £16.4m.
The firm’s chief executive David Beech, said: “The group delivered a strong first-half results, achieving 30% revenue growth and a return to organic expansion. Recent acquisitions have been integrated seamlessly, supported by continued financial discipline and robust cash generation.
“Looking ahead, the second half is set to benefit from recent experienced hires and full contributions of acquisitions, keeping us firmly on track to meet investor expectations.
“With an expanded management team and a solid platform in place, we are well-positioned to drive the business forward and sustain growth beyond this year.”
Across the º£½ÇÊÓÆµ the firm employs 1,600, of which 1,350 are lawyers.