Law firm Thomson Snell & Passmore expects at least a 10% jump in turnover and profits when it finalises its annual results for this year.

The company, based in Tunbridge Wells and Dartford, has grown its traditional stronghold of private client work by 23% over the last two years but its growth has increasingly been due to investment in commercial activity.

This has expanded by 31% over the same period.

In its latest accounts for the 12 months to June 5, 2015, it managed a 10% increase in revenues to £17.3 million, with operating profits up 11% to £4.3 million.

Provisionally, for the year to June 5, 2016, it is expecting income close to £18.5 million, up about 10%, with profits anticipated to grow by around 11% again.

Chief executive Simon Slater said: “This year we are pretty confident we will achieve another 10% growth in revenue.

“Brexit aside, there is no reason to suggest we shouldn’t have another good year next year..." - Simon Slater, Thomson Snell & Passmore

“Over the last two years, most organisations have still been emerging from a long downturn.

“This firm has emerged in good shape and got back into investment mode.

“Brexit aside, there is no reason to suggest we shouldn’t have another good year next year.

“The decisions we made to prioritise the commercial side of the practice for investment is paying off.”

The key growth sectors have been in transport and logistics, education, property and construction and the food and beverage industry, where it has picked up 14 new clients in the last year.

“Transport is closely linked to the food sector for distribution and the change for all schools to become academies means growth in the education sector won’t go away,” said Mr Slater.

Property and construction alone has grown by 48% over the last two years but Thomson Snell & Passmore’s boss does not think it will last forever. “I suspect it will start to tail off in the next financial year,” he said.

Mr Slater is not worried by the prospect of a British exit from the European Union after the referendum on June 23.

“We are not overly concerned by Brexit,” he said. “My view is that whichever way we go politically, lawyers are pretty good at finding opportunities. There will be lots of legal work if we leave the EU.”