Acquisitions boost law firm’s revenue
Law firm Knights has posted a strong rise in revenues after being boosted by a series of acquisitions.
Turnover at the company for the six months to the end of 2020 rose by 45% to £46.2m, despite a 15% impact from the Covid-19 pandemic. Over £19m of the revenue for the period came from recently acquired businesses such as Shulmans, Fraser Brown and OTB Eveling.
Profit before tax at Knights also rose - by 13% to £6m.
The firm recruited 18 fee earners during the period and says it will hire a further 12 expeted to join in th... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
