Thu, 04 Jan 2024 | BUSINESS SALE
Legal specialist Talbots Law has acquired Worcester-based law firm Scaiff LLP in its third acquisition in the space of the past 12 months. The deal takes Talbots’ workforce to nearly 450 and provides it with its first presence in Worcester city centre.
Scaiff has been operating for more than 30 years, providing services including personal injury, family, wills, probate and residential conveyancing in the local area. All 16 of the firm’s current staff will be retained post-acquisition, with plans already in place to expand the team through the recruitment of a further 10 solicitors and administrative employees over the next 12 months.
Over the past year, Talbots Law has acquired Coventry-based firm Sarginsons and Wright Solicitors, which has offices in Dudley and Bewdley. Commenting on the company’s latest acquisition, Talbots Law Chief Executive Dave Hodgetts, who joined the firm in 2021, said: "Whilst we've got offices in Kidderminster and Bewdley, we've never had a high street presence in Worcester; this acquisition gives us an immediate footprint in a city and area rich in potential.”
"Scaiff LLP has been operating here for more than 30 years and has a proven track record of offering family, personal injury, wills and probate and residential conveyancing services to local people. All this expertise is being retained and will be supplemented by the additional capacity and infrastructure we can offer and access to business services and dispute resolution legal advice.”
Hodgetts added: "Annual fees are currently £1.2m and we expect these to increase to £2m by the end of 2024."
Scaiff LLP Managing Partner Simon Shaw, who will remain in his role following the deal, said that Talbots was “one of the region's fastest growing law firms” and that the two companies shared a commitment to personal service and helping local clients.
Shaw added: "Our existing clients will benefit from having access to a larger team and new legal specialisms that we haven't been able to offer before. On the flip side, we are bringing considerable personal injury expertise to Talbots, which I know is an area it is keen to grow in."
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