Law Firms

UK legal consultants growing at three times the rate of law firms

A study found that consultant lawyer numbers have grown at a Compound Annual Growth Rate (CAGR) of 21%, compared to just 7% for mid-market firms

Legal services firms operating a consultancy model are growing at three times the rate of mid-market law firms as a whole, according to new analysis by Arden Partners plc (‘Arden), the small and mid-cap investment bank.

The analysis, which looks at publicly available data between 2018 and 2020, analyses the growth of leaders in the legal consultancy space (Keystone Law, Taylor Rose MW, Setfords and Gunnercooke) against the entire legal mid-market (185 firms).

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