May 20, 2024

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Equality opinion

Law Firm Merger – London Law Firms Announce Merger

West Finish law business Seddons and Lawrence Stephens, a main industrial legislation organization based in Farringdon, are delighted to announce that they are in the highly developed phases of merger talks. The mix will develop a full support legislation agency of around 180 men and women with a joint £25m once-a-year turnover. The merger is predicted to total in October and will see the combined corporations go into new London premises.

Seddons is a Uk200 legislation firm dependent in Portman Sq., with certain knowledge in genuine estate, company, dispute resolution and non-public client and loved ones law. Lawrence Stephens specialises in serious estate, actual estate finance and banking, corporate and professional and business litigation do the job.

The merger will convey with each other each firms’ complementary abilities to build a full assistance legislation firm. On completion, the firm will leverage its merged toughness and depth to seek out advancement throughout all exercise spots, with the ambition to boost turnover to £30m and become a United kingdom Top rated100 law organization. The Senior Directors of Lawrence Stephens will come to be Equity Associates in the LLP, creating a mixed partnership of 13 Fairness Partners and 37 Fastened Share Associates.

Simon Ross, Controlling Partner of Seddons, comments:

“The merger of Seddons and Lawrence Stephens is fascinating information for our persons and customers. Our conversations have plainly revealed that we have the same crucial values – how to present the best system for our loyal and expert colleagues to get to their complete possible and to deliver a extensive and personal provider to our broad client base.

Alongside one another, we will take gain of new interesting options and deliver our current consumers with an improved amount of company and experience. The merger strengthens our joint firms’ core departments and adds regions of specialism to reward the two our present shopper bases. It delivers the ideal platform for our long term development.

We seem ahead to working with Lawrence Stephens to generate an enjoyable and productive long term together.”

Steven Bernstein, Senior Director of Lawrence Stephens, opinions:

“We are very fired up by the prospect of merging with Seddons, a business that, like us, comprises exceptional legal professionals and a broad range of entrepreneurial clientele.

It has been apparent from our 1st discussions that a actual synergy exists in between our corporations. We both of those regard lifestyle as important, putting our people very first, whilst making sure that our respective shoppers experience the most effective feasible authorized providers in a well timed and value-helpful way.

The merger will build a total-service, progressive and forward-wondering regulation business that will be a actual force in the sector.”

Further particulars of the merger, which includes the identify of the mixed entity and its new place of work locale will be unveiled forward of the completion later this yr.