Manchester-based personal injury law firm Express Solicitors has reported a 21 per cent increase in fee income over the last 12 months, with revenues increasing from £7.2m to £8.7m.
Express has also seen its caseloads grow by 45 per cent over the same period – a year that saw it achieve ABS status from the Solicitors Regulation Authority (SRA), secure a £4.1m refinancing package from RBS Corporate and acquire Lavin Copitch Solicitors.
It has also invested in new talent and has grown from 130 to 163 employees, including 54 fee earners and 15 partners. The firm recently promoted 14 of its new client team to litigation executives and litigation assistants.
Managing partner at Express James Maxey, pictured, said: ”We seem to be saying this every year, but it really has been a fantastic 12 months for us, despite all the changes to the PI landscape and the huge challenges they’ve brought.
“As a firm, we had planned and prepared for LAPSO and the Jackson Reforms, so are in a strong position.
“Our ABS licence means we can bring more non-legal professionals into the fold to help us further improve the quality of our services and make more investments.
“Our plan is to bring in at least one fee earner per month so we can continue to grow while ensuring our clients get a first class service and the justice they deserve.
“We’ve had consistently strong growth in profitability over the years despite the changes in law that actually make it harder for personal injury law firms to succeed and have a solid growth strategy in place to ensure future success.”