The legal sector continues to outpeform the UK economy as a whole, official statistics revealed today. Revenues for the sector grew to £4.55 billion in June, 7% up on the same month last year. The figure was 13.8% higher than in May this year, the Office for National Statistics reported. 

Gross domestic product as a whole rose by 0.4% in June, according to the ONS. Revenues in the overall services sector, which includes legal, were 6% up on June 2024.

June’s legal sector figures are the third highest monthly revenue figure this year so far.  

Commenting on the figures, Julie Norris, legal services regulatory partner at London firm Kingsley Napley, said: 'It’s relief all round this morning. The UK economy seems to have performed better than many expected in June and legal also bounced back after disappointing revenues in April and May. This hopefully means we can explain these as the usual seasonal trend around year end, but let’s see.’

She added: 'The overall UK economy remains fragile with many reportedly pausing business and investment decisions until after the autumn budget. To that end law firm leaders must continue to monitor the opportunities and threats for their firms in the current environment and keep an eye on costs, despite inflationary pressures.'