North East law firm Sintons has described a strong year in which it generated a significant rise in revenue and profit that has led to investment.
Accounts for the Newcastle-based firm for the year to the end of March 2022 show it made an operating profit of £7.3m, up from £4.8m, on turnover of £15.9m, which was a 27% rise on the previous year. Managing partner Christopher Welch said success coming out of Covid had made possible investment in recruitment, office facilities and technology upgrades.
Sintons said it had seen growth in all of its practice areas which include working for business and private clients across a range of legal services. It was the first year in which its 138 staff - which includes 77 fee earners, 24 secretaries and 37 support staff - benefited from a turnover-based all staff bonus scheme.