Update re SRA review

RNS Number : 7999M

Keystone Law Group PLC

01 May 2018

 

For immediate release

1 May 2018

Keystone Law Group plc

('Keystone' or the 'Company')

Update re SRA review

Keystone is pleased to announce an update on the SRA's view concerning the internal review carried out by Keystone into the conduct of one of its solicitors following comments made during a court case (Bernard Sports Surfaces Ltd v Astrosoccer4u Ltd) which was referred to in the Company's admission document. The SRA has confirmed that it will be taking steps to close its file in relation to the matter, that it will not be undertaking further investigation and that no disciplinary action will be taken.

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For further information:

Keystone Law Group plc
James Knight, Chief Executive Officer	Tel: [phone]
Ashley Miller, Finance Director	www.keystonelaw.co.uk
Panmure Gordon (UK) Limited (Nominated Adviser and Broker)
Andrew Potts / Peter Steel / Dominic Morley (Corporate Finance)		Tel: [phone]
Erik Anderson (Corporate Broking)
		www.panmure.com

Media enquiries:

Buchanan
Henry Harrison-Topham / Steph Watson	Tel: [phone]
[e-mail]	www.buchanan.uk.com

Notes to editors

Notes to editors

Keystone Law is a UK Top 100, fast growing, profitable and cash generative challenger law firm.  Established in 2002, Keystone is one of the first platform models disrupting the traditional law firms operating within the legal services mid-market.  Keystone's model permits rapid scalability, enabling the Group to increase the number of revenue generating lawyers more quickly than the traditional model.

As a full service law firm, Keystone delivers conventional legal services across more than 20 service areas and over 50 industry sectors to a client base comprising predominantly of SMEs and private individuals.  These services are delivered by over 250 experienced self-employed lawyers who work from their own offices; with no fixed remuneration their fees are calculated with direct reference to the income they generate for the Group.  The lawyers are fully supported by the Group's central office team of approximately 40 employees, and are therefore able to focus entirely on business development and the delivery of legal work.

With the head office located in the heart of London's legal district on Chancery Lane, the Group uses its bespoke proprietary software platform to enable Keystone's lawyers to interact with the central office team and each other in an easy and efficient manner, whilst extensive networking and social events engender a strong sense of belonging to the Keystone family.  The platform also drives interaction, co-operation and a strong corporate culture across the business.

Keystone joined the AIM market of the London Stock Exchange in November 2017, raising £15 million, under the ticker KEYS.  More information can be found at: www.keystonelaw.co.uk/

 

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