Stratospheric growth for law firm
A PRESTON conveyancing business has its sights set on breaking the £10m revenue barrier over the next 12 months after revealing record growth of £3.1m in its latest annual results.
The conveyancing division of Birchall Blackburn Law, which has offices on Avenham Street in Preston, says growth in the housing market has created record demand.
Conveyancing turnover from instructions across the UK has grown from £4.5m to £7.6m, a rise of 68%, with the firm now receiving more than 2,000 conveyancing instructions per month.
The firm has recently launched a new conveyancing apprenticeship scheme with Manchester Metropolitan University (MMU) as it looks to attract new conveyancers to its 160-strong team.
James Boyd, chief executive of the company’s conveyancing team, said: “It’s been a phenomenal year for the division, beating our target of 50% growth.
“Clients want a service built on quality, speed and communication – and we have built our entire philosophy around this. We’ve seen consistent growth in the housing market for some time and with the general election done and dusted we expect the momentum to grow.”
The firm was recently named as one of London Stock Exchange’s ‘1,000 Companies to Inspire Britain’. Its conveyancing division is ranked the UK’s fifth largest by latest Land Registry figures in terms of house sale and purchase transactions.
Birchall Blackburn Law has offices in Manchester, Preston, Southport, Penwortham, Chester, Chorley, Leyland and Morecambe. It has a total turnover of £15.5m and employs 310 people.
