Legal

UK Private Client Law Firm Acquires Northern Business en Route to National Status

Christopher Owen 20 November 2007

UK Private Client Law Firm Acquires Northern Business en Route to National Status

East Anglia-based law firm Mills & Reeve is set to launch offices in Leeds and Manchester after taking on Addleshaw Goddard's entire family practice in the Northwest. Addleshaws is dispensing with its family practice to focus on a standalone trust practice. Mills & Reeve's new offices will open in February 2008 with the three-partner and eight-associate team, headed by David Salter, becoming part of its drive to expand in private client. Salter's team includes partners Nigel Shepherd and Philip Way. The move is part of the firm's wider strategy to transform itself into a national firm and double turnover in the next five years. "We want private client turnover to get to approximately £25 million ($51 million)," said private client head Matthew Hansell. "We reported £11.7 million for the last financial year, which is roughly 20 per cent of overall turnover. This group is profitable for the firm so it's worth investing in. To have a successful national firm we have to have a full-service private client team." Prior to its latest move, Mills & Reeve was a full service, top 50 national law firm with 79 partners and a total staff of over 770, operating from offices in Birmingham, Cambridge, London and Norwich.

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