Nationally recognised law firm posts record annual results

Karl Jansen

National law firm Freeths has achieved a record financial performance, with turnover jumping by 9.3% to £111.96m.

The increased revenues for the year to March 31, 2022, were up from £102.473m the previous year.

Pre-tax profits rose from £40.429m in 2021 to £43.435m.

The firm, which has offices in Liverpool and Manchester, has delivered compound organic annual growth of around 10% since 2015.

Freeths says its continuing success is driven by the dedication and talent of its people, which is recognised by the Legal 500 which this year ranked the firm Top Tier in 23 categories and recommended in 83 practice areas, with 10 individuals ranked in the Hall of Fame.

Additionally, in Chambers 2022 edition, Freeths was ranked Band 1 in 11 categories and ranked in 41 categories with an impressive 71 leaders in their field.

National managing partner, Karl Jansen, said: “It is testament to our long standing relationship with our growing list of clients across all sectors that we’ve consistently delivered on our growth strategy.

“I’m extremely proud of the hard work and dedication our people have displayed year upon year, and it’s reflected in the record results we publish today.”

He added: “While still mindful of economic pressures, we’re confident of a resilient future for the firm and continuous growth across the UK regions.”