Capital Law is in for a milestone year as it prepares to hit 150 employees and work with 1000 different clients in one year for the first time in its history.
The Cardiff-based outfit continues to see double-digit growth year-on-year, setting itself up for a strong and stable future, while at the same time continuing to invest in talent and prepare the next generation of lawyers and consultants.
Capital Law’s HR Director Paul Clayton, told BQ about the company’s success: “11 years ago, we had 0 employees – in 2018, our trajectory is set to hit 150 employees, and beyond.
“This is an important milestone for us and represents the growth and potential of our company.
“For many years we’ve invested in early-career talent, which has seen colleagues develop into accomplished lawyers and consultants. Our business is thriving because of that.
“We’re committed to being a responsible employer and, because of that, we attract and retain the best people for Capital; we currently have a pool of 12 fantastic trainees who are all attracted to the Capital ethos.
Not only does this investment in people pay dividends in the work that is carried out on a daily basis, it is also having a direct impact on tenders that the company bids for and wins.
Paul continued: “We need to grow sustainably, which is why we’ve put working responsibly at our core.
“By being ethical in the way we treat our employees, clients, and community, we can grow into a robust business.
“We will continue to grow, finding talented individuals and nurturing their talent. But, we need to ensure that we preserve our identity and our own way of doing things.
“The way we treat our employees was even cited as an important factor for the last two big panel tenders we bid for and won.”
Beyond people, Capital understands that technology plays a key role in its services and that this is something to be nurtured alongside its employees.
“We’re continuing to invest in technology to make lives easier for our colleagues and clients,” Paul continued. “Two years ago, we set up our IT function to ensure a secure platform (for colleagues and clients).
“It also allows us to offer our services in a more efficient and competitive way for our clients.
“These two themes represent the underlying reason for Capital’s growth: staying ahead of development.
“The world of work is changing, both because of the attitudes of workers, and because of technological developments.
“If we want to continue to grow, we need to embrace these changes and reflect them in our business.
“It’s a tricky comparison to make – the Magic Circle firms in the city are heavily investing in LegalTech, especially AI, and the regional firms are looking at efficiencies.
“We don’t fit into either of these categories, but we know that both LegalTech advancements and efficiency in the way we work are vital to our future.
“Legal Services, like most professional services, is experiencing disruption. Keeping abreast of change and aligning what we do to the changes ahead are critical to our success.
Indeed, by investing in people and technology, Capital is doing everything in its power to be prepared for the challenges of tomorrow.
But there is one challenge of tomorrow that no one can prepare for: the ongoing uncertainty surrounding Britain’s decision to leave the European Union.
This is a huge factor for every UK business, but one beyond their control. Capital Law is taking a practical approach, as Paul explains: “When Brexit was first voted for, we saw it as most people did – and entered into a hiatus of stalling decisions because of the uncertainty surrounding it.
“However, now, our clients are preparing themselves for Brexit, controlling what can be controlled, and we’re helping them with that, as well as doing the same.
“There are so many differing opinions on what Brexit will mean; we’d rather not think negatively but create a business that can withstand whichever way the tide turns.”