Oldham law firm hits new high
Award winning law firm Pearson Solicitors and Financial Advisers has this month reported an ‘amazing record year’ and looks set for further growth in 2024/25.
Revenue growth at the North West firm has increased to over £5.6million and the firm boasts its best year ever, with overall profits up a record 44%, the highest they have ever been.
The legal firm, with offices in North Manchester, Oldham, Milnrow, and Failsworth, and a new office planned for Saddleworth, employs around 84 staff and is a multi-service law firm, with a bespoke commercial team working with many national businesses and North West SMEs.
This year Pearson acquired local law firm Sarah Dixon & Co in Milnrow, bringing on board all staff members and expanding legal services into the Rochdale area.
“These are impressive results and the culmination of a year of hard work and dedication by our teams who strive to deliver exceptional service and value to our clients,” said Director and Practice Manager, Joanne Ormston.
“I am so pleased that whilst we have expanded our services into new areas, we have been able to record positive growth and maintain a robust profitability margin, reflecting effective cost management and strong client relationships,” added Joanne.
Commercial Growth
Strong performance in the past financial year has been achieved by the Commercial Property, Employment law, Personal Injury, and Corporate Commercial departments, with growth of over 50% across all areas. Family legal services have also seen accelerated growth, with the family team providing pension and financial advice in more high-net-worth divorce cases.
Client satisfaction has also been a big part of the results with positive feedback and favourable 5-star reviews across major review platforms.
Awards and Accreditations
The firm also achieved a Legal 500 ranking as a ‘Leading Law Firm’ with its employment department being recognised in both the employer and employee categories.
Additionally, Pearson Solicitors were successful at the Oldham Business Awards, winning the ‘Supporting Young People’ category and have recently been again shortlisted in the Manchester Legal Awards.
There has been an emphasis on staff development over the past year and several initiatives have been introduced to improve the work/life balance and the mental health of employees. A well-being survey was undertaken, the findings of which have resulted in a ‘Mentoring Programme’ and a ‘Costa Club’ being set up where colleagues can have timeout together to share experiences and chat through any issues or concerns.
Commenting on the results, Director and Head of Commercial Litigation, Christopher Burke added:
“Our focus on providing tailored solutions and achieving favourable outcomes for our clients has been instrumental in driving forward our business and maintaining strong client relationships."
“Looking ahead our plan is to grow strategically and maintain the momentum of our consecutive year on year growth with a developing national client base. We plan to invest in our staff and our buildings and are excited about the opportunities ahead confident that we have a great team in place to deliver them."
Contact Us
For help and legal or financial advice contact Pearson Solicitors and Financial Advisers on 0161 785 3500 or enquiries@pearsonlegal.co.uk.
Subscribe to our newsletterPlease note that the information and opinions contained in this article are not intended to be comprehensive, nor to provide legal advice. No responsibility for its accuracy or correctness is assumed by Pearson Solicitors and Financial Advisers Ltd or any of its members or employees. Professional legal advice should be obtained before taking, or refraining from taking, any action as a result of this article.
