A firm headquartered in Stratford-upon-Avon has embarked on its biggest ever recruitment drive after an ‘incredible 12 months’, as more national firms defy the Covid downturn.
Lodders, which also has offices in Cheltenham, Henley-in-Arden and Birmingham, intends to recruit at least 40 new people across its regional offices by the end of 2022 – increasing its workforce by more than 25%.
Managing partner Paul Mourton said the firm is in a ‘really strong’ place. ‘We have had an incredible 12 months, despite the challenges of Covid, with record-breaking revenue growth, new clients across the board, and some of the firm’s most high-profile, high-value instructions that have seen our teams working with many of the UK’s major players in their industries and sectors.’
Mourton said that the recruitment drive is part of ongoing expansion plans across the region. ‘Now is the perfect time to build on the firm’s strong position and implement the next phase in our strategic plan, which will be the springboard for more growth and success.’
Last week, top-100 national firm Bevan Brittan – which gave pay rises and ‘thank you’ bonuses to all its staff in March – celebrated a 30% profit rise, from £11.35m in 2019/20 to £14.7m in 2020/21. Managing partner Duncan Weir said growth had been seen in its emerging market areas, such as higher education, and established markets, which include local and central government.
Research from chartered accountants and business advisers Hazlewoods found that law firms in the UK borrowed almost £700m through government Covid-19 support schemes, but many have never touched a penny of it. Several practices, including national top-50 firm Freeths, have repaid the furlough money they claimed after better than expected years.
2 Readers' comments