Ward Hadaway reports record £33m turnover

LAW firm Ward Hadaway has announced a record turnover as it continues to grow its Manchester operation.

The firm, which also has offices in Leeds and Newcastle, has seen its annual turnover rise by 10% to a record £33m, despite a challenging time for the legal sector. The UK Top 100 firm, saw income rise by £3m to £33m in the year to the end of April 2013 on the back of significant investment.

The results represent a fourth consecutive year of growth for the firm, which employs more than 400 people across the North.

Jamie Martin, managing partner at Ward Hadaway, said: “The marketplace for legal services is becoming ever more competitive with new entrants coming in to the sector and existing firms ramping up their efforts to secure greater market share.

“Combined with pressures on costs and the overall economic climate, it is a difficult market at the moment, so we have done extremely well to achieve double digit growth against such a backdrop.”

Ward Hadaway opened up its main Manchester office in the city centre in July 2012 and the firm said its operation has grown considerably.