Stone King records 10 per cent growth in turnover


02-10-2019
Steven Greenwood, Managing Partner at national law firm Stone King

"We had a strong year across the board," says Stone King Managing Partner Steven Greenwood.

In its latest financial statement, national law firm Stone King, which has offices at Bateman House, Hills Road, in Cambridge, recorded turnover of £19.8 million, up from £17.8 million in the previous financial year and representing 10.9 per cent growth.

Across the firm’s four key sectors of Business, Charity & Social Enterprise, Private Client and Education, all recorded growth in billing in the year to 30 April 2019, including 17% growth for Charity & Social Enterprise and a 13.4% rise for Education. 

Managing Partner Steven Greenwood said: “We had a strong year across the board with a number of key hires, new service launches and our Leeds office moved into larger premises to accommodate our growing presence in the region.

“A key focus has been growing our service offering in Further Education. We supported this with the appointment of nationally-recognised expert Tom Morrison as Partner in January, to head this area or work. The appointment of employment expert Dr John McMullen as a Partner in our Employment Team has also been a coup for us.”

Stone King has a national network of offices in Cambridge, Leeds, London, Birmingham and headquarters in Bath, where it has operated for more than 230 years. The firm has built up a reputation for excellence among private and commercial clients, whilst its strategic focus has made it national leaders in the charity and education sectors.

Steven Greenwood adds: “Our success as a firm is down to our people, which is why wellbeing continues to be a top priority. Over the past year we signed up to the Mindful Business Charter as part of a commitment to better mental health. This complements the smart working practices that we launched across our office network in 2018, giving our people more flexibility and supporting them in keeping a healthy work-life balance. I believe this is why many of our people choose to stay at Stone King.”

Overall 19% of Stone King people have worked for the firm for more than 10 years, rising to 40% of Partners.

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