Press Articles & Comment
kemp little trumpets 27 per cent rise in turnover
The Lawyer, July 2007
Technology boutique Kemp Little has posted a massive 27 per cent turnover rise following the completion of a wide-ranging strategic overhaul.
Turnover leapt from £4.25m to £5.4m in 2006-07, while average profit per equity partner was up by 44 per cent to £360,000.
Senior partner Richard Kemp said the firm had experienced growth across all departments.
"It was good to come out of the strategy review and find that the decisions we made were bearing fruit," he said.
At the end of 2005 the firm, which launched 10 years ago, kicked off a strategic overhaul, led by management consultant Alan Hodgart. This saw a move to a modified lockstep and put in place a new management board to run the firm.
Commercial technology accounted for 50 per cent of the revenue stream, followed by corporate at 30 per cent. The latter has doubled its fees in the past two years.
Kemp Little LLP Solicitors, Cheapside House, 138 Cheapside, London, EC2V 6BJ
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