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Keystone Law annual results to beat market consensus amid solid demand

ALN

Keystone Law Group PLC on Wednesday cited ‘ongoing client demand’ as its lawyers performed ‘strongly across the business’ in the financial year just gone.

For the financial year ended January 31, the London-based law firm expects to report revenue and adjusted pretax profit marginally ahead of current market expectations.

Citing ‘ongoing client demand’ it anticipates to report an increase of just under 10% in revenue per principal.

Keystone Law cited current market expectations at £108.9 million in revenue, 11% higher compared to £97.7 million in financial 2025.

The market consensus for adjusted pretax profit is £14.4 million, which would be 20% higher compared to £11.7 million in financial 2025.

Keystone Law said the recruitment of 61 new senior lawyers for a total of 491, and 36 more junior staff now totalling 163, drove the number of fee earners to 654, up 14% in a year.

‘The financial results...are testament to the broad appeal of Keystone’s brand and our ongoing ability to attract and retain highly successful lawyers’, Keystone’s Chief Executive Officer James Knight said.

The firm will announce full-year results on April 29.

Keystone Law shares were down 0.8% at 577.25 pence each on Wednesday morning in London.

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