Transacción

Harper James receives investment from LDC

Transacción

Harper James receives investment from LDC

Sell-side

Undisclosed

Rol

Adviser to Harper James on its investment from LDC

Sector

Servicios Empresariales

Región

Reino Unido

We have advised Harper James, a full-service commercial law firm, on securing investment from LDC to support the next phase of growth. 

Headquartered in Birmingham, Harper James delivers tailored legal support to SMEs across the UK through a transparent and cost-effective subscription-based model that can scale according to their needs. Clients have access to a network of fully remote top-tier lawyers – with an average of 17+ years’ experience – at a fraction of the cost of traditional city law firms.

Since launching in 2014, Harper James has supported more than 6,500 clients and now has a team of over 140 people. It is a people-first business with a strong focus on work-life balance, an established culture and core values. Technology has always underpinned the firm’s model and it is developing innovative and proprietary technology to optimise and leverage efficiencies through AI. The business has achieved consistent double-digit year-on-year growth, with revenue increasing annually by an average of 33% over the past three years.

LDC is backing the firm’s management team, led by founder and CEO Toby Harper. LDC will support the business with continued organic growth through further investment into Harper James’ differentiated, technology-enabled model and will also support Harper James to target complementary acquisitions that broaden the firm’s range of services and add even more value for its clients.

More about the process

With significant interest from potential investors, we ran a highly competitive process, leveraging competitive tension to maximise value and terms, supported by our Debt Advisory team to underpin the financing strategy, and ensuring selection of the best partner for Harper James.

LDC stood out for their clear understanding of Harper James’ opportunities and scaling challenges, and for their dedicated in-house value creation team capable of tailoring initiatives around technology, operational efficiency and targeted acquisitions. Throughout the process, we ensured alignment between Harper James and LDC on structure and governance, laying the groundwork for a partnership poised to support the next phase of growth. 

Tech lawyer

The Clearwater team were tenacious, collaborative, and unwavering in their commitment to achieving the best possible outcome for us. They operated as a seamless unit, created strong competitive tension throughout the process, and were a real pleasure to work with.

This partnership with LDC is a major milestone in our mission to make expert legal advice more accessible and affordable for ambitious businesses. Much like the clients we support in their journeys, we believe in doing things differently and we’re excited to partner with LDC on the next phase of our growth journey. From our very first meeting, the team at LDC has shown a genuine understanding of our culture and vision, and we look forward to working with them to take Harper James to the next level and offer even greater value to our clients and our people.

Toby Harper, Founder and CEO, Harper James
Tech lawyer

Harper James is a pioneering business that sits at the intersection of technology, legal expertise and client service. It has carved out a unique position in the market by delivering flexible, high-quality legal support in a way that works for today’s fast-growing businesses. It was a pleasure to support the team on this milestone transaction, and we look forward to seeing what they achieve in partnership with LDC.

Joe Dyke, Partner, Clearwater

Today’s technology-enabled SMEs want greater flexibility and the option to work with advisers in a way that reflects how they do business. Harper James’ innovative model, people-first culture and commitment to delivering flexible high-quality legal services make it a standout firm in a fast-evolving market. We’re looking forward to supporting Toby and his team as they continue to disrupt the traditional legal sector and pursue the firm’s ambitious growth strategy.

Chris Handy, Partner and Head of the West Midlands, LDC

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