Howes Percival’s turnover increased 22% in 2025, according to its latest annual results.
The firm, which has offices in Cambridge, Leicester, Manchester, Milton Keynes, Northampton, Norwich and Oxford, posted turnover of £41.7m for the year ending 31 March 2025.
The result is the third double-digit turnover rise in three years and represents an increase of over 77% in the last four years.
The growth has been across all practice areas, with the Corporate and Banking team and newly formed Commercial, Technology and Intellectual Property (CTIP) team seeing growth between 27% and 29%, Commercial Property 26% and Private Client 17%.
The firm has created over 100 brand new roles in the last four years and increased the number of partners to 72, alongside investments in IT and office infrastructure including opening an office in Oxford, the refurbishment of the Leicester office and new offices for the Cambridge team, as part of its ongoing investment and growth plan.
Howes Percival’s Chairperson, Geraint Davies, commented,
This is a fantastic result and testament to the hard work our whole team has put in over the last 12 months. Growth was a key goal. It enables us to keep investing in developing our service to clients and in making Howes Percival a place where talented people want to work and enjoy working. All our teams have developed three-year growth plans based on the target of £50m turnover by 2028. Currently we are ahead of those plans.
We will continue to invest in improving every aspect of the service we provide to clients. Developments in tech and AI will transform the way that legal services are delivered over the next few years, and we are investing significantly in these areas. But we remain a relationship driven business and our focus will always be on helping our lawyers build stronger relationships with clients, ensuring they engage with them empathetically, discussing what they need from us and responding to those requests.
In November, Howes Percival was ranked in the ‘Best Companies to Work For’ list for the fifth year running and awarded the highest level of accreditation for 'world class' levels of workplace engagement. The list celebrates excellence in workplace engagement and is widely acknowledged as the most searching and extensive research into employee engagement carried out in the UK.
