Keystone Law Group PLC
LSE:KEYS
Keystone Law Group PLC
Keystone Law Group Plc provides legal services, which delivers conventional legal services across eight practice areas and over 50 industry sectors. The firm is focused on providing legal services to businesses and individuals. The firm offers a range of services, which include banking and finance, commercial, commercial property, construction, and projects, corporate, data protection, dispute protection, employment, employment, immigration, insurance, intellectual property, investment funds and management, licensing and gambling, pension and incentives, planning and environment, probate and estate planning, residential property, restructuring and solvency, tax, and technology. The company provides services in various sectors, such as aviation, charities and education, energy and natural resources, financial services, food and beverages, hotels, hospitals and leisure, in-house counsel, life science and healthcare, media, music, marine and shipping, private client, property development, retail, sports, technology and telecoms.
Keystone Law Group Plc provides legal services, which delivers conventional legal services across eight practice areas and over 50 industry sectors. The firm is focused on providing legal services to businesses and individuals. The firm offers a range of services, which include banking and finance, commercial, commercial property, construction, and projects, corporate, data protection, dispute protection, employment, employment, immigration, insurance, intellectual property, investment funds and management, licensing and gambling, pension and incentives, planning and environment, probate and estate planning, residential property, restructuring and solvency, tax, and technology. The company provides services in various sectors, such as aviation, charities and education, energy and natural resources, financial services, food and beverages, hotels, hospitals and leisure, in-house counsel, life science and healthcare, media, music, marine and shipping, private client, property development, retail, sports, technology and telecoms.
Revenue Growth: Keystone Law reported revenue of GBP 54.2 million, up 16.5% from last year, driven by strong recruitment and higher revenue per principal.
Profitability: Adjusted PBT rose 20.4% to GBP 7.3 million, with adjusted PBIT up 11.2% to GBP 6.2 million. Operating cash conversion stayed robust at 104.2%.
Dividend: An interim dividend of 7.5p per share was announced.
Recruitment: The firm recruited 30 new Principals and increased total fee earners to 612, reflecting a strong hiring environment.
AI Investments: Keystone is actively rolling out AI tools, including an AI-powered operating manual and continues to invest in technology to boost efficiency.
Competitive Position: Management highlighted first-mover advantage and ongoing innovation as key to maintaining market leadership.
UK Focus: The company remains focused on the UK market, citing significant domestic opportunity and no near-term plans for international expansion.
