Half Year Profits Up at JMW


Spinningfields based full service law firm JMW Solicitors LLP has released its 6 month performance figures and is celebrating another rise in fee income and profit.  In the 6 months to October 31st 2012 income increased by 14 per cent and profit by 24% comparing the same period in 2011.  The 12 months billing of £10.9m up to October 2011 has increased by 24% to £13.5m at October 2012.

This comes after the year end results announced by the firm in May 2012, when income grew by 20% and profit by 30%.

The flagship Personal Injury and Clinical Negligence departments increased billings by 17% but the largest increases were 166% in Family law, 161% in Employment law, 62% in Commercial Litigation and 37% in Private Client.

This month has also seen the firm increase headcount to 200, growing by more than 40 people in the last 2 years.

Bill Jones Managing Partner at JMW said;
“To produce these increases in a difficult market is very encouraging for all of us at JMW.  It is even more pleasing that since 2008 when the recession started, the firm’s income has increased from £8m to £13.5m.  Our decision to further invest in the commercial sector and continue with our marketing strategy during the recession has been the right one for us.”

Unlike the model of many law firms where 80% of work comes from existing clients and 20% from new clients, JMW is obtaining 75% of its work from new clients and 25% from existing clients. Much of the growth comes from web sites owned by the firm including JMW’s own website where instructions were up by 153% in the 6 months to October 2012 as against 2011. In addition Lawshare, the firm’s network of North West law firms, set up in June 2011, now numbers 80 firms as members and has seen new instructions grow by 177%.

Joy Kingsley Senior Partner at JMW who heads Business Development said


“We are finding many new routes to market and to new clients, turning around traditional perceptions about law firms.  We have seen growth across both commercial and private client departments gaining new clients in both areas. Despite challenges in our sector we are very confident about the future.” 



For more information:
Samantha Meakin
0161 828 1981
07595 277 842

Note to Editors
JMW Solicitors LLP is one of the leading Manchester law firms and offers a broad range of legal services to both commercial and private clients.  We are committed to providing legal services in a cost effective and timely manner.

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