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Gloucestershire Business News

Major Gloucestershire law firm reveals increase in profits and revenue

Annual results for one of Gloucestershire's best-known law firms show a business which has increase turnover to almost £34 million.

Harrison Clark Rickerbys annual results show an increase in turnover from £30,102,839 to £33,991,499 for the year to the end of March 2019.

Profit before tax came in at £3,652,838, also an increase - up from £2,957,613.

Not that the firm, which has offices in the heart of Cheltenham, is sounding in any way complacent about what to the rest of us looks like success.

"The external environment is expected to remain challenging throughout 2019, although the directors are confident that the company will maintain its current level of performance in the future," said the annual report,

"The key business risks and uncertainties affecting the company are considered to relate to competition from other legal practices and changes in the legal industry

"The company has sufficient resource available and is currently trading profitably and generating cash. the directors have prepared forecast for the next 12 months that indicate that this trend will continue."

Read more: Promotions take law firm over 100-partner mark 

Read more: Cheltenham lawyers win law firm of the year

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