Cobbetts reports ‘consistent’ fee income

LAW firm Cobbetts has announced fee income of more than £20m for the half year to November.

The firm, which has an office in Leeds, said the figure was ‘consistent’ with the previous year.

Managing partner Nick Carr said: “We’re pleased with our results, operating in what continues to be a challenging economic environment.

“As forecast, there has been no real growth in the UK legal market over the last six months. Considering the prevailing market conditions, we set and met a prudent but still challenging budget, forecasting fee generation in line with the market and seeking to align expenditure to anticipated income.

“Our half year results ensure we remain on target, and new client wins mean that trading predictions for the next six months are strong. We expect to meet our financial targets by year end.”

Cobbetts also has offices in Manchester, Birmingham and London.