Strong financial results for Tunbridge Wells law firm Thomson Snell & Passmore have put the practice on target to exceed last year’s revenues its latest figures have revealed.
Revenues in the first half of the financial year to December 5 leapt by almost ten per cent compared to the same period last year, to £8.47 million.
The 9.6 per cent growth in first half revenue means the firm is now well placed to post full
year revenues, ending June 2016, in excess of the £16.86 million made during 2014/15.
Thomson Snell & Passmore's Chief executive said he was ‘optimistic’ that the current momentum would be maintained during 2016.
He said: “On the back of a successful year last year, it is encouraging to see the pace of growth continue.
“The corporate and private client sides of our practice have seen similar increases in fee income, with commercial disputes, commercial property, matrimonial, clinical negligence and personal injury leading the way.
“We have also seen a marked uptick in activity across all six of our key markets, but most especially in the food and beverage and transport & logistics sectors.
“Usually, the second half of the year is stronger for us and our pipeline shows no sign of letting up so we look forward with optimism to 2016.”
First published in January 2016 by Times of Tunbridge Wells: Law firm reveals 10% revenue jump