AIIC Group, the parent company of Taylor Rose MW, has achieved the distinction of being the UK’s fastest-growing legal services firm, per the FT 1000 list.
- The firm is also the second fastest-growing in Europe within the legal and accounting services sector.
- AIIC Group recorded an impressive Compound Annual Growth Rate (CAGR) of 71% between 2018 and 2021.
- The consultancy division continues to significantly drive AIIC’s growth, boasting over 40 consultant lawyers.
- Besides its consultancy success, AIIC invests in innovative platforms and maintains a strong traditional legal practice.
The AIIC Group, serving as the parent entity to the renowned law firm Taylor Rose MW, has been recognised for its remarkable growth trajectory. According to the highly-regarded FT 1000 list, AIIC is the fastest-growing legal and accounting services firm in the United Kingdom. Notably, it is the second fastest-growing firm throughout Europe in its sector, marking a significant achievement.
The company secured the 392nd position overall in the FT 1000 list, joining other notable UK-based firms such as Plentific and Marshmallow. With a stellar Compound Annual Growth Rate (CAGR) of 71% over a span of three years, from 2018 to 2021, AIIC has demonstrated extraordinary growth and resilience in a competitive market.
The legal consultancy aspect of AIIC has been pivotal in its burgeoning success. The firm employs over 40 consultant lawyers, whose contributions have been instrumental in advancing the firm’s reputation and client base. These consultants have propelled revenue growth at a rate more than double the industry average, achieving a two-year CAGR of 26%.
PWC reports indicate that the overall UK legal services market experienced a 12% increase, climbing from £28bn to £32bn between 2020 and 2021, with expectations to rise further to £39bn by 2026. AIIC’s revenue growth, particularly through its consultancy segment, stands out within this expanding market.
Beyond consultancy, AIIC Group has also made strategic investments in various forward-thinking platforms. These investments include prop-tech innovator SlothMove, the consultant-driven law firm KingsleyWood, FDR Law, and RCP, a legal think tank. Each investment underscores AIIC’s commitment to scalable and innovative solutions aimed at reshaping the future of legal services.
AIIC retains a strong traditional legal practice model alongside its consultancy division, employing over 500 individuals. This duality not only broadens the firm’s service offerings but also stabilises its position in the legal sector. Adrian Jaggard, CEO of AIIC Group, emphasises their integrated growth strategy, combining mergers and acquisitions with rapid consultancy expansion, to increase market share and innovate legal services.
AIIC Group’s ascent as a leading legal services firm demonstrates its strategic vision and capability to innovate and thrive.
