A Midlands law firm is set to record fee income of more than £8 million for the first time after seeing growth across a number of its divisions.
QualitySolicitors Talbots, which has seven offices across the region, defied a flat property sector by posting a 20 per cent rise in commercial and residential matters in the last year, dealing with up to 700 cases per month.
The firm also saw growth across family trusts, estates and its business services team.
“It has been a very good year for the business and we are delighted to be on course to pass £8 million in fees in 2015, recruiting 20 new lawyers and support staff in the process,” said Martyn Morgan, director at QualitySolicitors Talbots.
“We’ve seen steady growth across all our specialist teams, but property has definitely been the biggest success - especially considering the market has remained relatively flat.”
He added: “I believe our success stems from our ability to offer significant resource and knowledge, whilst maintaining the personal level of service that makes the client feel they are our main focus.
“We do things a little differently to other firms. For instance, we open Saturday mornings for added flexibility, have fixed price products and also offer an initial first advice session so individuals or companies can telephone/have a face-to-face meeting without the fear of the clock ticking.
“One of the issues we do have is finding the right property people, as a lot of conveyancing specialists left the sector and retrained during the recession. We are already looking at ways to overcome this problem, with one option being to explore development programme to ‘grow our own’.”
The results were announced at QualitySolicitors Talbots’ Business and Property Conference, which saw Justin Urquhart Stewart, head of Seven Investment Management, give more than 150 delegates an insight into economic trends.
The conference aims to provide an update on the latest legal and economic developments in the sector.
Delegates also heard speeches from Peter Bolton King (director of RICS) and Lorna Sheldon, a personal communication trainer and there were innovation showcases from MoneyPenney, DRP Group and Metro Bank.
QualitySolicitors Talbots has offices in Codsall, Dudley, Halesowen, Kidderminster, Stourbridge, Stourport and Wolverhampton.