Best year yet for Kent’s leading law firm
Law firm Cripps has reported its best ever year following the publication of its annual financial results.
In the financial year, which ended on 30 April, turnover grew by 8% to £31.6m and net profit by 24% to £7.4m; both represented all-time highs for Cripps and confirmed its fifth consecutive year of growth.
This has been achieved at a time when Cripps has continued to invest heavily in its IT systems and developing its new Tunbridge Wells office on the former Kent & Sussex Hospital site on Mount Ephraim. It has also recently relocated its London base to a new, modern office space close to Cannon Street station.
Managing partner Gavin Tyler said: “These record results are a great achievement and testament to the work our staff put in for a number of years. Considering the substantial investments we have continued to make over the last 12 months, we set ourselves some fairly ambitious financial targets and we are delighted to have not only met, but exceeded, these figures.
Looking at the year ahead, our focus remains on continuing to grow our practice in the South East and London”.
A top 100 UK firm, Cripps has offices in Tunbridge Wells and Kings Hill and employs over 360 staff.