A regional law firm which is approaching 40 years in business has achieved a record £20 million turnover.
Nelsons, which has offices in Leicester, Nottingham and Derby, passed the milestone following a year in which it has made 16 promotions and made it into The Times’ top 250 law firms for the first time for its personal injury and clinical negligence expertise. It has also maintained multiple Tier One rankings in The Legal 500.
Chief executive Stewart Vandermark said the success was the culmination of a growth strategy introduced in 2018 to grow the firm’s expertise and offering, and it had exceeded its turnover targets.
Mr Vandermark said: “I’m proud to see the ambitions put in place for Nelsons four years ago have been realised, resulting in an incredible year for the firm.
“In the past four years, we’ve made significant investments in all three of our offices and have rebranded the firm, redefining its culture and setting out a clear vision. This created a real buzz in the workplace, helping us to drive performance and reach our targets.
“When we launched our vision of what we wanted to achieve, we committed ourselves to a stretching headline target of hitting £20 million.
“Surpassing that has been a collective effort and we certainly couldn’t have seen such success without our hardworking teams across our offices, where everyone has embraced the vision we set out.
“Big changes can be daunting, but it is also a great way to release new energy and it really feels as though Nelsons has had a resurgence, while still retaining its core sense of purpose.
“Having achieved the target of £20 million, we now move onto the exciting task of finalising our vision for the next three years while celebrating the firm’s 40th anniversary in 2023.
“We’ve got a lot of plans in the pipeline to announce in the New Year, including a variety of events and activities with local charities.
“We know there are some uncertain times ahead but having recaptured the spirit that the firm was founded on, we’ll continue to drive growth through our culture and commitment to clients, looking for new opportunities as we set our sights on even greater goals for the future.”
