Yorkshire Law Firm's Rapid Growth 2

Yorkshire Law Firm’s Rapid Growth

A law firm founded in Yorkshire by a husband and wife team and entrepreneurs in 2009 already employs 70 people and has forecast an income increase of £1.1million this year, after acquiring new offices and hiring 23 new staff in 2014.

Newtowns Solicitors of York has long term growth plans and a successful expansion of its brand across North Yorkshire last year, showing that despite the issues facing British law firms, particularly in the regions, growth and success are still possible with good planning.

Chris Newton, the managing director said: “Our group fee income increased from £1.8 million in 2013 to £2.6 million in 2014, and is expected to leap to £3.7 million in 2015 driven partly by the increased number of multi-million pound property deals and business acquisitions upon which the firm is being asked to advise.”

The firm was founded in 2009 by a husband and wife team of legal entrepreneurs, and now employs 70 people.

The acquisition of long-established practice, Thorp Parker LLP, in Stokesley, and opening of Newtons Solicitors Ilkley office, were among highlights in a year which saw group’s network expand to nine offices across Teesside and North and West Yorkshire.

Mr Newton, said: “Our Ilkley office, led by Victoria Trelease, is a completely new opening for us, our first move into West Yorkshire.

“Our medium term goal of reaching a £5 million fee income is now in sight,” he said.

Read more at York Press

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