National personal injury law firm Minster Law plans to open a new London office, following improved financial performance for the year to June 2025, according to CEO Shirley Woolham.
She said: “We’ve built our business around long-term partnerships, predominantly with insurers and brokers, supporting customers injured in road traffic accidents.
“Exploiting our scale, we have developed expertise across all claim tracks, with a particular strength in identifying serious and life-changing injury at an early stage and ensuring clients receive appropriate support quickly as claims progress.
“That capability has helped achieve year-on-year growth in serious injury during recent years, alongside continued investment in our insurer proposition; both have driven improved financial performance.”
Performance
For the year ended June 2025, Minster Law reported profit after tax of £2.6m, up from £354k in the prior year, with turnover increasing 16% to £42.5m and net assets of £48.5m (2024: £45.9m). In 2025, overall FTE headcount increased by 14% to 549 colleagues, driven largely by growth in the serious injury Team, which grew by over 25%. Across the same period, serious injury case volumes increased by over 27% and secured damages for the year exceeded £86m.
Building on this, Minster Law has announced plans to open an office in the City of London in the first half of 2026, to support continued growth in serious injury capability and improve access to senior specialist talent.
Shirley added “Alongside our growth in serious injury, we continue to invest in our insurer proposition to drive market leading margins and support our insurer partners to deliver an unrivalled claims experience, manage regulatory risk and achieve sustainable commercial outcomes.”
Outlook
Looking ahead, Woolham said Minister aims to achieve a turnover of £100m by 2030, through a combination of organic growth and selective acquisitions. “We want to speak to vendors looking for a good home for serious injury books and talent,” she said.
Chairman comments:
Commenting on the results, Ian Leech, chief executive of BHL(UK) Holdings Limited, owner of Minster Law said: “business is well positioned, with a clear direction and a management team that has consistently delivered against its objectives.”
“As shareholders, our role is to take a long-term view give the business the backing it needs, both in terms of working capital and investment, to continue developing a market-leading proposition for customers and partners. We are confident in the strategy being pursued and excited about the next phase of growth.”
