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Co-op Establishes its Self as the Largest Wills and Probate Powerhouse in the UK

November 27, 2018 By Avery Associates

Co-op Establishes its Self as the Largest Wills and Probate Powerhouse in the UK

With an impressive streak of continued growth and mounting sales figures, the Co-operative Legal Services (CLS) is snatching the coveted top spot on the wills and probate industry’s food chain. CLS raked in £800,000 in profit within the first six months of the year, four times more than it did within that same period in 2017.
The impressive financial fundamentals this year is shaping up a 31% increase in yearly revenue. The revenue figures come in at £16.1 million this year, eclipsing the £12.3 million garnered in 2017.

According to Matt Howells, the managing director of CLS and of Life Planning, the improved key index matrices owe a lot to the increase in death rate and probate volumes over the first quarter. These increases have had a positive impact on both the parent company and the newly acquired Simplify Probate.
CLS has witnessed a propitious increase in sales across numerous practice areas of the firm, with marked increases in sales in probate, as well as a 42% increase in the number of people consulting the Co-op about wills. The company’s performance and sales figures in family practice has also increased significantly.
These impressive finance statistics are also borne out of the company’s ambitions to expand its Life Planning business. The company has pursued ‘leading market’ business solutions aggressively, pouring massive investments into the premises and pricing to that effect. The company’s acquisition of Simplify Probate and the complete integration of the platform is yet another demonstration of the company’s hard drive for growth in the Life Planning business.

With 170 staff, Simplify Probate was the second largest probate company in the UK. Now, the full integration of Simplify Probate into CLS organizational framework, which is set to be completed before the end of the year, will raise the number of staff on Co-op’s payroll past the 600 employee mark.
Matt Howells has also revealed that the company’s drive for expansion in its Life Planning and Legal business remains resolute. The company is set to invest more in its pool of human resources as well as technological inventories. These investments are projected to supercharge the company’s capacity for innovation, equipping the company with resources for delivering top-notch legal services to its clientele at affordable prices. The company’s affiliation with ‘Move With Us’, which is an offshoot of the company’s acquisition of acquire Simplify Probate, is another manifestation of the company’s lofty aspirations. This affiliation will also help the company gain a favourable stead in the conveyancing sector, even as the company continues to search for assets in its estate administration practice.

The strengthening position of CLS in the wills and probate industry might dampen the hopes of other competitors in the industry, but it will certainly enhance the prospects of customers receiving expedient services from a reputable brand for a highly sensitive societal needs.
Since its emergence as part of the original crop of alternative business structures endorsed by the Solicitors Regulation Authority in 2012, the Co-operative Legal Services has made commendable strides as a legal service provider. However, it was a bumpy ride for the company in the early days. The company struggled with abysmal sales figures and poor performances in its initial years as an ABS. The personal injury department was heavily understaffed at that point in time. But in recent years, the company has made steady progress, although at a slow pace. This has mainly been due to the company’s increasing focus on the wills and probate practice, as well as the company’s foray into online services.

Related

Filed Under: Chattels Valuation Tagged With: Co-operative Legal Services, Life Planning, Matt Howells, probate contents valuation, probate news

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We provide a full house clearance and property management solution:

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  • We clear all types and sizes of property, irrespective of location, or access is restricted or where parking is difficult or not available.
  • We can help avoid water damage by draining the central heating system.
  • We can secure the property and change the locks.
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As well normal house clearances we specialise in clutter clearance and we can clear a hoarded house which may contain years of accumulated possessions, or which have abnormal amounts of general household items, sometimes as a result of compulsive hoarding syndrome.

Equally we can help to clear a property where the occupants were previously unwell and unable to care for themselves or their property which sometimes results in insanitary, dangerous or just plain unpleasant conditions.

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Client Reviews

Margaret Campbell
Jun 24, 2022
 by Margaret Campbell on Avery Associates
Amazing Service and Support

Hello Pam / Jeffrey, As requested, sorry it is late …. I forgot☹️ I used Avery Associates for probate content valuation, clearance... Read More

Susan Arm******
Jun 2, 2022
 by Susan Arm****** on Avery Associates
Respectful Probate Valuation

Mr Avery did a wonderful job assessing the household contents for probate and I very much appreciate his respectful approach while valuing the items at... Read More

Your very welcome Susan

Patrick Macavoy
May 20, 2022
 by Patrick Macavoy on Avery Associates
A Seamless Experience

I had my late mother's flat to clear out. The contact with AA was a pleasure from day one, starting with the receptionist. Jeffrey then came out to look... Read More

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