Manchester law firm management and specialist due diligence consultancy Zebra LC has completed the due diligence on two deals for highly acquisitive personal injury law firm, Neil Hudgell Solicitors.
The deals saw the Yorkshire-headquartered firm acquire the clinical negligence caseload of law firm Pictons, which has offices across Hertfordshire, Bedfordshire and Buckinghamshire, and the transfer of Buckinghamshire and Berkshire law firm Gordons Solicitors LLP’s entire personal injury department; along with the transfer of one senior lawyer, who will join Neil Hudgell Solicitors’ expanding London team.
The deals, which together are valued at more than £1million, mark Zebra LC’s tenth instruction in acquisitions completed by the personal injury firm during the course of the past 12 months.
Managing director of Zebra LC, Zoe Holland commented:
“Every personal injury department is different, and a detailed understanding of the wide variety of injury cases, along with the risks inherent in this type of litigation, is fundamental when it comes to putting a value on a caseload for transfer. Deals of this nature require expert assistance to ensure funding levels are carefully calibrated and that all possible contingencies are taken into account.
“Neil Hudgell Solicitors is very active in the personal injury M&A market and we are extremely pleased that the firm has chosen again to rely upon Zebra LC’s specialist skills to support these two deals.
“Due to the ongoing transformation of the legal profession, and particularly in the field of personal injury, there is no doubt that we’ll see further transactions like this throughout the course of the next 6 – 12 months.”
Managing partner of Neil Hudgell Solicitors, Neil Hudgell added:
“Once again we’ve impressed with Zebra LC’s hands-on and professional approach, which has been vital in ensuring that both of these deals completed within the agreed timeframe.
“Neil Hudgell Solicitors’ strategy in 2014 is to build upon the growth achieved during the course of the previous twelve months, and we recognise the importance of strategic advisors such as Zebra LC, and the value they add to the business.”