Howes Percival annual turnover up 10 per cent to £31.4m

20 Nov, 2024
Newsdesk
Law firm Howes Percival increased turnover by 10 per cent to £34.1 million in the 11 months to March 31 as it transitions its traditional year-end from April 30 in response to tax changes.
Thumbnail
Howes Percival chair, Geraint Davies. Courtesy – Howes Percival.

The result follows a period of sustained growth, which also included a double-digit turnover increase in 2023. The firm has offices in Cambridge, Leicester, Manchester, Milton Keynes, Northampton, Norwich and Oxford.

Howes Percival has created over 50 new roles in the last two years and increased the number of partners to 63 – alongside investments in IT and office infrastructure – as part of its ongoing growth blueprint. The firm reveals that plans are in place to continue recruiting across all seven offices, including partners, solicitors and support roles.

Howes Percival chair, Geraint Davies, said: “We are absolutely delighted with the firm's performance in 2024, highlighted by another double-digit increase in turnover.

“Profits are up four per cent on a pro-rata basis, which reflects our significant and ongoing reinvestment back into the firm so that we can continuously improve the services we provide to our clients.

“The last 12 months have seen a new Howes Percival office opening in Oxford, growth in new instructions as we are increasingly viewed as a go-to firm in all our key markets, and ongoing success in terms of attracting the best legal talent to join us.”

Earlier this month, Howes Percival was ranked in the ‘Best Companies to Work For' list for the fifth year running and awarded the highest level of accreditation for 'world class' levels of workplace engagement.

The list celebrates excellence in workplace engagement and is widely acknowledged as the most searching and extensive research into employee engagement carried out in the UK.