East Mids law firm on the acquisition trail after unveiling expansion plan

Lincolnshire- and Nottinghamshire-based law firm Ringrose Law Solicitors has revealed ambitious expansion plans.

The firm, which was established in 1885, currently operates out of six offices in Lincolnshire and Notts. Now, backed by the bank, Ringrose has created a new commercial department and says it will be expand further with a series of mergers and acquisitions.

Ringrose has already merged with Adie Pickwell in Lincoln, D W Hitchcock in Sleaford, Nortons in Grantham, and with Bambridges in Boston in June 2017.

Ringrose Law says its plans will increase turnover and profit significantly as well as create new jobs and additional partners.

Paul Cooper, senior partner at Ringrose Law Solicitors, said: “Partnering with other local law firms and acquiring departments to create a larger network across Lincolnshire is a vital growth strategy for our business. It will allow us to offer a better service for clients across the region and support smaller companies in an extremely competitive market place. The team at HSBC showed that they really understood our business and ambitions from the outset. We’re thrilled to have the financial support we need in place to move our business to the next level.”

Stephen Evans, HSBC’s area director in Lincoln, said: “The planned expansion at Ringrose Law Solicitors is something that we are extremely happy to provide support for. HSBC is actively supporting ambitious businesses such as Ringrose Law Solicitors with funding and advice and we look forward to seeing the firm continue to grow in the future.”

HSBC’s relationship manager, Ian Green, led the deal for Ringrose.