Alternative business structures
Private-equity backed industrial disease law firm Roberts Jackson has become the latest victim of the squeeze on personal injury practices, and was sold out of administration on Friday.
A global ‘enterprise legal services company’ that effectively owns a London-based ABS is set for massive growth after Europe’s biggest private equity house took a majority stake.
City law firm Rosenblatt has launched a standalone litigation funding business with an initial £2m cash injection from the money it raised from its stock exchange listing in May.
The Co-op has declared itself the largest provider of probate services in the UK as its financials continue to improve. Legal services turnover in the first half of 2018 was up 31% and profits quadrupled.
Simpson Millar has unveiled a five-year £50m growth strategy to become one of a handful of consumer legal brands, starting with the acquisition of Liverpool practice EAD Solicitors.
A US class action law firm has used a new platform created by an alternative business structure to fast-track its UK launch, Legal Futures can reveal.
A Swiss law firm that specialises in arbitration work has received an alternative business structure licence to open up in London.
Knights Group – the Staffordshire-based law firm that listed in June – has secured bank funding to support its strategy to complete at least three acquisitions by April 2020.
Riverview Law is set for a huge global expansion over the next five years once EY completes its acquisition, the partner who is to head the new business has said.
Setfords – the consultant-led law firm with private equity backing – has secured its first-ever merger as it targets firms to speed up growth.
Personalising an email quote and ensuring your first contact with the customer is decisive and positive is very important in converting enquiries. Similarly, refusing to give a verbal quote can make your firm seem unprofessional.