What's Happening?
Setfords, a national law firm headquartered in Surrey, has reported a substantial increase in revenue and profits for the financial year ending September 30, 2025. The firm's revenue rose by 35% to £67.7
million, while gross profits increased by 36% to £24.6 million. Additionally, the firm's EBITDA saw a 45% rise, reaching £11 million. This growth is attributed to the firm's ability to attract more lawyers than any other UK law firm for the second consecutive year, highlighting the strength of its platform model. Setfords has also been recognized as the fastest-growing firm in the Lawyer Top 100 and has maintained its position among the Sunday Times Best Places to Work.
Why It's Important?
The growth of Setfords is significant as it reflects the firm's successful business model and its ability to attract top legal talent. This expansion not only enhances the firm's market position but also increases its capacity to serve a broader client base. The firm's focus on operational improvements and technological efficiencies has contributed to its financial success, setting a benchmark for other law firms aiming for similar growth. The increase in lawyer recruitment suggests a robust demand for legal services and positions Setfords as a competitive player in the legal industry.
What's Next?
Setfords plans to continue its growth trajectory by further investing in operational improvements and expanding its platform model. The firm is likely to focus on enhancing its service offerings and increasing its market share. As Setfords enters its 20th year, it aims to leverage its strong performance to explore new opportunities and solidify its position as a leading law firm in the UK.
