Lawyers on Demand (LOD) has recorded an 18% upsurge in turnover for the 2015/16 financial year, according to its latest filings with Companies House. Revenues rose from £12.3m to £14.6m in the last financial year.
Despite the rising turnover, LOD’s operating profit tumbled from £987,000 to £200,000 over the year, with the accounts stating this was due to ‘one-off exceptional items.’ The accounts state that £255,000 was spent on new technology during 2016.
