Growing law company reports record turnover

A leading legal firm in Peterborough has achieved a record-breaking turnover.

Buckles, which is headquartered in Bourges Boulevard, has reported its highest ever turnover of £13.4 million for the financial year ending in March.

The figure is a 86 per cent increase on the £7.2 million turnover it achieved in 2017 when the company set itself a longer-term goal of becoming a mid-term law firm with a target revenue of £12 million.

Now the company, which employs 200 people across five offices, has unveiled a new ambition of reaching a turnover of £30 million over the next six years and is poised to announce the recruitment of a number of new partners to help drive its growth.

Duncan Jackson, chief executive of the 205 year-old law firm said: “In 2017, the firm set a longer-term strategic objective to become the midtier law firm of choice for individual and business clients, achieving a target revenue of £12M.

“We can report the plan is delivering ahead of schedule.

“And whilst we have some way to go to achieve the recognition our business deserves for its technical excellence, market leading customer care and a client base built around long-term maintained relationships, progress is good.

He added: “This year we will be announcing a raft of partner-level lateral hires.

"These will not only help us build on the excellent reputation we have developed in corporate and commercial law but expand the Buckles offering into new sectors and new locations.

“We constantly develop and evolve our strategic plan to reflect market changes.”

Duncan Jackson, chief executive of Buckles.