Newcastle law firm Ward Hadaway has seen turnover increase 11% to £43m on the back of what it says is investment in its workforce and infrastructure.
The independent firm – which has offices across Newcastle, Leeds and Manchester – says it has racked up more than 40 appointments in the past year. The 450-strong top 100 firm also highlighted a three-year wellbeing strategy it had implemented for staff.
A company-issued briefing comes ahead of full accounts to be published at Companies House early next year. Last month, North East company Tanfield Group revealed it had settled a dispute with Ward Hadaway over advice it received in relation to 2013 deal. The settlement came in the form of a £2.9m no-fault agreement.
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Managing partner Martin Hulls said: "We’re immensely proud of the progress we’ve made over the last financial year, despite the challenges faced by businesses across the UK. From tough economic conditions to talent shortages across the legal sector, we’ve continued to raise the bar in terms of our people, our services and our commitment.
"This is testament to the teams we have across the North, their experience, passion and commitment to Ward Hadaway and the values we stand for.
"We’ve continued to invest in our number one asset – our people – through the development of a growth strategy focused on our team. We’ve placed wellbeing and productivity at the heart of our approach and implemented an agile working structure that empowers people to fulfil their potential, providing them with autonomy in their roles and demonstrating our trust in them.
"I am proud of the work we’re doing across all our offices in the North, and in the wider UK, as we continue to innovate and collaborate to provide the very best of services to our clients."
He added: "As a firm, we’ve made great progress during 2021 and 2022, progress we are confident we will build upon. The economy is in a period of well-documented uncertainty, but we are facing the future with a clear strategy, an optimistic outlook and an outstanding team. I remain very excited about what the future holds."
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