AF Legal Group Holds 2026 AGM, Reports 30% Revenue and Profit Growth with 91% Employee Satisfaction Score

Aakashdeep

13 November 2026 10:39 AM AEDT

AF Legal Group Holds 2026 AGM, Reports 30% Revenue and Profit Growth with 91% Employee Satisfaction Score

Image Source: Krish Capital Pty Ltd

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AF Legal Group Ltd (ASX:AFL) held its 2026 Annual General Meeting on 13 November 2026, with the company disclosing that revenue and normalised profit both grew by around 30% in financial year 2026, while its Great Place to Work survey reached a score of 91% across the organisation.

Key Points

Revenue and normalised profit grew by around 30% in financial year 2026, with the second half moderating.
The 2026 Great Place to Work survey result reached 91%, up from mid-80% levels recorded in 2024 and 2025, and from 53% in mid-2023.
AF Legal now has approximately 140 employees, including 70 lawyers and 30 non-lawyer fee earners across 17 offices.
Seven additional Accredited Specialists were appointed across calendar 2026, bringing the total to 24 Accredited Specialists, representing 34% of AF Legal lawyers.
New Chair Justin Dowd addressed the meeting, acknowledging outgoing Chair Rick Dennis's four years of service.

Chair Address and Leadership Transition

Incoming Chair Justin Dowd addressed shareholders at the 2026 AGM, acknowledging the contribution of outgoing Chair Rick Dennis, who served in the role for four years. Dowd thanked fellow directors Emma Fredericks and Peter Johns, as well as CEO Chris McFadden and the executive team, which includes CFO David Kahn, Chief Legal Officer Jackie Vincent, and GM HR Vanessa Hernandez. Dowd noted the company's investment in IT, including new practice management and document management systems, and stated the focus over the coming year would be on converting that investment into growth and improved returns, including through the application of artificial intelligence.

Great Place to Work Survey Results and Staffing

CEO Chris McFadden reported that the company's Great Place to Work survey score reached 91% in 2026, rising from mid-80% levels in 2024 and 2025 and from 53% in mid-2023. The highest-rated state recorded a score of 98% and generated revenues above $4 million in financial year 2026, growing from two team members in mid to late 2023 to a team of 13. The filing states that AF Legal's services span family law, criminal law, and contested wills and estates. The company reported approximately 140 employees in total, with 70 lawyers and 30 non-lawyer fee earners operating across 17 offices.

Accredited Specialists and Near-Term Revenue Dynamics

The company disclosed that seven additional Accredited Specialists were appointed across calendar 2026 across its three practice areas, bringing the total to 24. The filing notes that specialist accreditation is held by approximately 5% of practising solicitors nationally, while the figure at AF Legal stands at 34%. The CEO's address noted that the cost of hiring new legal professionals is immediate, while revenue typically takes up to 12 months to build to a full caseload. The filing describes this dynamic as contributing to the moderation observed in the second half of financial year 2026 and the first quarter of financial year 2027.

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