When Michael Jefferies, Senior Partner of Jefferies Solicitors Altrincham, set up his one-man band legal firm over 18 years ago, he certainly didn’t anticipate that two decades later the organisation would be anticipating annual revenues in the region of £4 million.
Established in 1993, Jefferies has steadily grown in size over the years and now has 50 staff working from their Altrincham, Cheshire based offices. Revenue growth this past year exceeded £3.5 million, up from £3.3 million in the previous 12 month period.
Currently, the organisation operates as a Limited Liability Partnership, however, is expected to become a Limited Company soon with Michael Jefferies managing the organisation alongside partner, Nina Ramsden.
Michael reports that the organisation plans for growth in the region of 20% year on year, with the addition of 10 staff to its workforce per annum.
Jefferies have adopted a pro-active marketing strategy in a difficult economic climate; successfully making use of television and online marketing channels. “There is huge sweeping change throughout the legal services industry presently, but there are also significant opportunities for growth for well-managed accident claims and personal injury lawyers firms“, says Michael. “We have a full strategy in place for growth over the coming 12 months, and are very excited about the future.”
Nina Ramsden added, “The organisation has chosen to invest in technology, namely internet and website development, alongside streamlined office systems and a move towards a paperless case management system.”
Michael stated that Jefferies may consider the recruitment of nonlawyer personnel to senior management positions within the firm. He said, “It has always struck me as not being commercially sensible to continue to tread the traditional path of employing only solicitors in the management of a law firm, when there may well be candidates from other fields with high-level managerial skills available.”
Published on 3rd May 2012.