At the end of the second year of its three-year strategy the law firm has reported that it’s on track to deliver all key strategic goals and metrics.

Revenue has increased to over £68 million and the firm is on track to meet its three-year ambitious growth target.

The success was underpinned by strong performances across the firm, notably in the firm’s private client, litigation and strategic property sectors.

Core profit grew for the third consecutive year and firms’ commitment to its diversity of practice areas continues to deliver strategic benefits as some markets feel challenges while others are more buoyant.

Clarke Willmott CEO Peter Swinburn (pictured), said: “Activity really built over the course of the last financial year, to record levels in the last quarter - 17 per cent ahead of the previous year.

“This has meant that we have carried excellent momentum into the new financial year and we are optimistic for the future.

“Our people are committed to sustainable, profitable growth and we are attracting new clients and new people in greater numbers than ever.

“Whilst we are delivering on our financial and growth goals, as CEO it was especially pleasing for me that during the year, our clients continued to rate our service highly.

“Over eight in ten clients rate us as ‘excellent’ and recognise the quality of relationships as a specific strength.

Our strong, inclusive culture underpins continued positive feedback from our people, over 90 per cent of whom state that they are proud to work for the firm.”

The firm has maintained a debt-free cash position of over £8 million at the financial year end.

Lock-up was the best in the firm’s history, surpassing its strategic goal a year earlier than planned.

Peter said: “Compared to many of our mid-sized competitors, we have an enviable financial position that increases our strategic flexibility to support both investment and growth.”

Having met 2030 net zero targets for Scopes 1 and 2 carbon reduction ahead of schedule, the firm is pushing harder and faster.

To date, Scope 1 and 2 emissions have reduced by 91 per cent from the firm’s baseline year of 2021/22.

The firm has rolled out Carbon Literacy training to staff and to a client, equipping participants with the knowledge, confidence and practical actions needed to support the behavioural change required to address climate change.

The firm has also achieved Bronze Carbon Literate Organisation status, reflecting an ongoing commitment to tackling climate change.

Supporting a more inclusive and accessible legal profession has always been important to the firm, which has led to the launch of ‘Clarke Willmott Catalyst’.

Catalyst brings together a range of activities into one central space from outreach and mentoring to skills development and career support.

The name, Catalyst, came from the talented students the firm worked with as part of the University of Birmingham Impact Challenge.

He said: “Our financial strength and strong leadership creates opportunities for strategic growth via both lateral hires and acquisition.

“Despite the challenging environment we are purposeful in relation to our strategy and have entered the new financial year with performance stronger than ever.

“We look forward to further developing our firm for the benefit of our clients and our people.”