Growth shares recognise contribution over time.
They are designed to ensure that the people helping to grow Legal Studio share in the value created.
How They Work
The principle is simple: If we build something more valuable together, you participate in that value.
Growth shares participate in 50% of the value created above the agreed valuation of Legal Studio as at 31 May 2024.
If the business grows and is sold in the future, growth shareholders share in that uplift.
How They Are Allocated
Growth shares are allocated based on measurable contribution.
For Consultants
- 4 growth shares for every £100,000 of fees billed and received in a financial year
- 4 growth shares for every £50,000 of work introduced for others and billed and received.
(Financial year runs 1 June – 31 May. All fees must be billed and paid.)
Both elements are cumulative, for example:
- If you bill and receive £300,000 in a year, you receive 12 growth shares.
- If you introduce £100,000 of work delivered by others, you receive 8 growth shares
Allocation is clear, formula-driven and transparent.
For Employees
Our employed team receive 2 growth shares for each full year of service.
What They Represent
They reflect contribution, not hierarchy or favourites
- They reward performance and working together
- They unite consultants and employees with the firm’s long-term direction
- They are not about day-to-day income but about sharing in the capital value created over time.
Why This Matters
Most consultancy platforms stop at fee share. Growth shares aim to go that little bit further.
They recognise that building a strong platform creates value beyond individual billings and we believe that value should be shared with the people who helped create it.
It’s a grown-up, transparent way of saying: If you help us grow, you share in the growth.