LGSS Law FY21 turnover climbs to nearly £10m
The group also saw profits for the year ended 31 March 2021 soar 148% to £686,000, up from £350,000 in FY20
LGSS Law, a social enterprise law firm, has reported a 14.3% year-on-year rise in turnover to £9.68m in FY21.
The group also saw profits for the year ended 31 March 2021 soar 148% to £686,000, up from £350,000 in FY20.
Established as a private law firm in 2015, the firm was initially formed as a partnership between Cambridgeshire County Council, West Northamptonshire Council, North Northamptonshire Council, and Central Bedfordshire Council.
However, its clients have since expanded to include over 100 organisations across the public and not-for-profit sectors.
Debbie Carter-Hughes, director at the company, said: “Local authorities have found themselves on the frontline when it comes to dealing with the coronavirus pandemic and this has led to an increase in instructions from both shareholders and external clients.
“This has seen the firm increase the number of staff it employs, review its working practices and, as a result return increased turnover and a greater profit for 2020/21.”
She added: “The introduction of remote court hearings and client meetings has seen the firm able to undertake more work in-house and also expand the external clients that it undertakes work for due to geographic location being less of a constraint.
“The firm expects to continue to develop its client base through 2021/22 and further develop its marketing strategy.”
