Law firm Cripps grows income for fourth straight year

Law firm Cripps has set a company record for continuous growth in its financial results.

The Tunbridge Wells-based business, which also has a practice in Kings Hill, increased fee income by 4% to £29.2 million in the year to the end of April.

It is the fourth straight annual increase, with growth of more than 60% since 2013.

Cripps managing partner Gavin Tyler
Cripps managing partner Gavin Tyler

It comes as the firm has also invested heavily in replacing its IT systems and in the opening of its new 40,000sq ft head office in Tunbridge Wells.

The investment has been financed through a combination of the firm’s own cash reserves and bank debt.

Managing partner Gavin Tyler said: “These record results are a great achievement and reflect the commitment and dedication of everyone at Cripps.

“We had set ourselves some tough goals considering the substantial investments we were making over the course of the year.”

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