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North East law firm reports record breaking financial results

Muckle LLP has reported another year of strong performance, breaking its own records.

The North East based firm has reported a turnover of just over £17 million – a 4.5 per cent increase – and a profit of over £4.2 million – an 11 per cent increase – for the financial year.

With turnover already 16 per cent ahead of last year’s figures, Muckle is poised for another strong growth year in 2025.

Key areas of growth during 2023/24 include agricultural, rural estates and private client services which were up by 11 per cent; corporate with 11 per cent growth; dispute resolution, up by 24 per cent and employment, growing by 21 per cent.

Managing partner Jason Wainwright credits the firm’s continued success to an open, people-focused culture, a successful strategic regional growth plan, a steadfast commitment to clients, and acting as a force for good in our communities.

He said: “We are incredibly proud of our results this year.

“The continued growth across all sectors of our business is a testament to the dedication of our excellent team and the strength of our client relationships.

“Despite economic challenges, we’ve been able to invest in our people and services, ensuring we remain at the forefront of the legal industry in the North East and Cumbria and have been able to increase our investment in our local communities, driving real, positive change.”

“This year’s financial results demonstrate the success of our strategic investments and long-term planning.

“Maintaining strong financial health ensures stability for our clients and people as we continue to grow in 2025 and beyond.”

October 3, 2024

  • Business & Economy

Created by Kate Hewison