Yorkshire law firm Newtons Solicitors has opened a new Wakefield office with the support of a six-figure funding package from HSBC.
HSBC’s funding has enabled the firm to purchase a new 3,000 square foot office at Calder Park, on the outskirts of Wakefield.
The new premises gives Newtons the platform to further tap into West Yorkshire’s buoyant commercial property market, while providing its full range of legal services to customers in the Wakefield area.
The firm’s new office will initially be home to four experienced solicitors—Roy Cusworth, Daniel Hilton, Helen Thompson and Holly Buxton—who have recently been recruited by Newtons.
Hilton has been appointed as a director and will lead the Wakefield team.
Newtons expects to create more than 25 new jobs, including solicitors, support teams and compliance officers, at its Wakefield office and increase its total turnover by 20% over the next 24 months.
Chris Newton, managing director of Newtons, said: “We strategically hired our new team for their expertise and reputations. Wakefield is a fantastic opportunity for us and the level of new client instructions and support so far show us that the office will be a great success. We are delighted to expand our profile and work with the people and businesses of Wakefield.”
Andrew Yeomans, commercial manager for North and West Yorkshire at HSBC, added: “Newtons Solicitors has over 10 very successful years of experience so we are pleased to continue to support the further growth as we have done since the business was a new start up. West Yorkshire’s economy is continuing to grow and Newtons’ new office is well-placed to capitalise on the opportunities available.”
Newtons, headquartered in Knaresborough, has 12 offices across County Durham, Teesside and Yorkshire. The firm employs 110 people and reported turnover of £5.7 million in 2019.