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He has taken charge of the club's last four games after returning to the club following Steve Wharton's return as chairman.
He had been sacked 20 days earlier by previous chairman Chris Holland.
Now the club have confirmed that Laws will be in charge next season.
Laws said: "I would like to confirm that after long talks with Steve Wharton I will be here next season.
"Steve has made it quite clear what his plans are and that there will be money to boost the squad.
"I'm very proud of the fact that Steve has asked me to stay on and that the supporters have been fantastic since my return.
"I'm looking forward to it, and want to be part of taking the club forward."