About this Practice
Location: Tyne & Wear
Two equity partner, long established law practice situated in a prestigious location in the county of Tyne & Wear.
The practice undertakes a variety of work – predominantly privately paid, however, with a small element of Legally Aided work. Work types to include:
- Conveyancing – commercial
- Conveyancing – residential
- Wills, Trust, Probate & Estate Administration
- Matrimonial / Family
- Employment
- Contentious – Civil and Commercial work.
The practice places a huge importance on building and establishing client relationships, developing their team and creating a very modern and agile working environment.
The following has been extracted from the firm’s Year End Accounts, prepared by the firm’s external accountants:
| Year End: 31st March | 2020 | 2019 | |||
| £ | £ | ||||
| Fee Income | 1,610,703 | 1,660,764 | |||
| Bank Interest received | 4,717 | 2,309 | |||
| Rent receivable | 0 | 0 | |||
| Sundry income | 0 | 0 | |||
| Gross Income | 1,615,420 | 1,663,073 | |||
Figures extracted from Internally prepared Management Accounts for the Year Ended 31st March 2021:
| £ | ||
| Fee Income | 1,539,354 | |
| Other income | 17,721 | |
| WIP Adjustment | 27,443 | |
| Bank interest received | -1,139 | |
| 1,583,379 | ||
Figure extracted from Internally prepared Management Accounts for the period 1st April 2021 to 30th September 2021 (6-months): Fee Income: £898,631.
The partners estimate Work-In-Progress to be c £550,000.
Consultancy available post sale/merger etc of law practice.
