Newcastle law firm continues recruitment drive as turnover reaches “record” £98m
Newcastle based law firm Winn Group has reported a “record” £97.9m turnover this year, up £54m from last year, despite “exceptionally challenging” times in its sector.
The milestone figure is the biggest leap in annual turnover since the company was founded in 2002. This “momentous achievement” follows the recent introduction of Whiplash Reforms which have forced many competitors out of the market.
However, even with the Personal Injury sector in “turmoil” and the subsequent shrinking market, Winn Group has emerged triumphant and stronger than ever as rivals either decline, exit the market, or go bust.
Winn Group CEO Chris Birkett commented: “Even throughout the pandemic, as a group, we have been working hard in all areas of the business. As a result of new contracts won, our work volumes have more than doubled from before the start of the pandemic.”
The growth allows the company to continue its recruitment drive with aims to double headcount, bringing more job opportunities to the region and acquiring new premises close to its headquarters to house its growing team, which currently sits at 530.
Conducting “huge” volumes of claims, coupled with contract wins and acquisition of new business streams across a range of the group’s businesses are the driving forces behind the company’s growth and turnover.
Chris continued: “We have recently expanded our premises and located 75 members of staff into a new purpose-built office space. Our sales pipeline opportunities continue to grow and 2022 is proving to be another good year for growth.”
The company’s “record-breaking” success comes as the firm celebrates 20 years in business, with an “impressive” eight brands now under the Winn Group umbrella.
Winn Group executive chairman Jeff Winn added: “There always needs to be evolution in any business, so it gives me a great sense of pride to see how Winn Group has become a major player in the industry over the last 20 years.
“Growing to encapsulate a number of brands that combine to deliver the best one-stop-shop in accident and claims management, the vision is to continue the rapid growth in provision of non-fault insurance and claims services to insurance brokers and the public.”
By Matthew Neville – Correspondent, Bdaily
- Add me on LinkedIn and Twitter to keep up to date
- And follow Bdaily on Facebook, Twitter and LinkedIn
- Submit press releases to editor@bdaily.co.uk for consideration.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.