BLP spinoff Lawyers on Demand posts 15% turnover increase

Lawyers on Demand (LOD), a spinoff of Berwin Leighton Paisner (BLP), has revealed its latest financial results, posting a 15% growth in turnover for the year. These results mark the first for a full year since LOD merged with AdventBalance last year. Turnover came in at £35m for the 2016/17 financial year, a result that LOD managing director Simon Harper credits to new service lines, as well as the service’s business model. Although turnover was up, UK operating profit dropped from £987,000 to £200,000 while company director salaries increased.

BLP spinoff Lawyers on Demand posts 15% turnover increase legalbusiness.co.uk Mon, Aug 21, 2017