JMW Reports Excellent Financial Results
JMW has announced another record financial year, achieving a 15% uplift in revenue, with turnover up from £82m in 2023/24 to £94m in the year to 30 April 2025, against a target of £90m.
The firm, which has offices in Manchester, London and Liverpool, achieved £17m profit, up on the £13m of 2023-24. Chris Sutton, Managing Partner, said the results reflected the depth and breadth of talent and dedication of the 792-strong JMW workforce.
“Our people continually attract new clients while simultaneously maintaining excellent relationships with existing ones, an approach which is key to our success,” he said.
Key developments within the firm include a close to £1 million refit of the London offices, including the creation of a dedicated client floor, as well as signing a new lease for the City of London property for the next four years.
During the last financial year, many departments across the firm saw an increase in revenue: of particular note is the Restructuring and Insolvency team once again, growing fee income 60% following last year’s growth of 56%, JMW’s Private Client team grew fee income by 41% and the Corporate team’s revenue increased by more than 32%.
In addition, over the past year Lawshare, the national referral scheme and support network for law firms, added 104 new members to its ranks - taking membership to 795 firms of solicitors.
There have been several key hires throughout the firm, including JMW’s new Head of IP John Buckby, a highly regarded intellectual property solicitor and trade mark attorney who joins the firm from Gateley. JMW also welcomed the arrival of partner Sara Stanger, who leads its newly established Liverpool-based clinical negligence team, adding to its existing teams in Manchester and London. A specialist in high-value, complex claims, Stanger is well known for her handling of high-profile public inquiries.
Mark Iveson has joined the JMW Commercial Real Estate team – one of the largest specialist teams in the North West - as the firm’s planning and highways partner and will apply his experience in large mixed-use and residential schemes amid a changing regulatory landscape.
Amanda Marsh, partner, Military Claims, joined the firm from Irwin Mitchell; she works closely with a number of well-known military charities, representing wounded, injured and sick military personnel across all serving, veteran, and reservist communities in making claims through the Armed Forces Compensation Scheme.
Mark Jones, who has practised commercial litigation and construction law for more than 25 years, has moved from his role as Head of Commercial Litigation to become Head of London.
Chris said: “We are pleased to have achieved this excellent financial performance particularly in light of the challenging economic conditions which face all businesses in the UK. We remain determined not to rest on our laurels but to continue our strategic programme of investment, not just in our systems, technology and offices but also, more importantly, in our people. This year we made 44 promotions and awarded over £1.7m in staff bonus payments across the entire firm in recognition of our people’s ongoing commitment to their clients, the firm, and their colleagues.”
Ends
Notes to editors
JMW is an award-winning, full-service law firm established more than 40 years ago, renowned throughout the UK for its expertise in achieving positive outcomes for its clients, both businesses and individuals. The firm, and the individuals working within it, are recognised by the prestigious legal directories Legal 500 and Chambers and Partners. JMW has offices in Manchester, London and Liverpool.
If you require any further information, please contact Gill Alexander, telephone 0161 527 5141, mobile 07435 858759, or email gill.alexander@jmw.co.uk