Keystone Law is producing a resilient performance as the year unfolds, the firm’s interim results show, with revenues up despite the financial impact of the Covid-19 lockdown, but profits have slumped following internal investment at the UK-listed firm.
Revenue in the first half of the firm’s financial year was up 6.5% to £24.5m from £23m last year. However, adjusted profit before tax was down 18% to £2.2m for the period ‘due to investment in the central office support team as well as additional office space in Chancery Lane.’
