Ison Harrison celebrates a successful year with an unprecedented profit distribution to its employees.
- Every eligible employee at Ison Harrison is set to receive a £4,000 profit distribution as the firm marks its second year of employee ownership.
- The transition to employee ownership has driven significant growth, with a record turnover of over £22 million in 2023.
- Ison Harrison’s commercial division and legal aid team have experienced exceptional growth, highlighting the firm’s success.
- Expansion continues with a new office in Doncaster and plans for further regional growth in 2024.
Ison Harrison, a prominent legal firm, is rewarding its employees with a remarkable £4,000 each, marking its second year since transitioning to employee ownership. This generous profit distribution comes as a recognition of the employees’ dedication and hard work.
Since the move to employee ownership in January 2022, Ison Harrison has experienced some of its most successful trading periods. The firm achieved a record turnover exceeding £22 million in 2023, a 16% increase from the previous year’s £19 million. These figures represent the most profitable year in the firm’s 46-year history, underscoring the benefits of its new ownership model.
Throughout the year, Ison Harrison reached several significant milestones. The commercial division witnessed a substantial increase in turnover, and the legal aid team doubled its departmental turnover by securing prestigious contracts. Meanwhile, the property division also demonstrated notable growth, surpassing £6 million in turnover. Achieving the Lexcel accreditation further validates the firm’s commitment to client care and operational excellence.
In its expansion strategy, Ison Harrison opened its eighteenth office in Doncaster in 2023, with plans to open a nineteenth in Queensbury, Bradford in 2024. Jonathan Wearing, managing director, highlighted that “Everyone contributed to delivering a record year for the firm… ensuring the coming year will be equally, if not more, successful and eventful.” The ownership restructuring has empowered employees, attracted top-tier talent, and ensured stability.
The adoption of an employee ownership model has bolstered the firm’s growth trajectory, ensuring competitiveness in the legal industry. Ison Harrison continues to solidify its presence in the region, maintaining a focus on providing exemplary legal services.
Ison Harrison’s transition to employee ownership has notably driven its growth, culminating in an exceptional profit year and regional expansion.
