Simpson Millar forges strategic alliance to aid caseload drive

LAW firm Simpson Millar, which has a Birmingham operation, has joined forces with personal injury and medical negligence specialist Neil Hudgell Solicitors.

Both firms will now invest resources in a venture which offers lawyers, insolvency practitioners, accountants and other professionals a confidential way to sell practices and cases.

To date, webuyanyfiles has focused on personal injury and medical negligence cases. Whilst it is expected that those areas will remain the main focus, now, through this alliance, any case in the areas of law practised by Neil Hudgell Solicitors and Simpson Millar will be considered.

webuyanyfiles was launched in 2011 by Neil Hudgell Solicitors as part of its strategy to grow organically and through acquisition. 

The venture coincided with the introduction of new regulations and working practices in legal services which has led some lawyers to exit PI and medical negligence practice or leave the profession for good.

To date, Neil Hudgell Solicitors has completed 20 deals totalling £4m, including the purchase of four legal practices.

Simpson Millar also successfully adopted a growth strategy based around acquisition and organic growth. The firm has built a reputation for actively acquiring other practices and caseloads, with deals to date reaching double figures.

Simpson Millar’s last acquisition – completed in July – included a £6m book of clinical negligence work.

Both firms specialise in personal injury, medical negligence and professional negligence cases, with Simpson Millar adding family, probate and commercial to the areas of practice.

Neil Fearn, partner and head of clinical negligence at Simpson Millar, said: “The common growth strategies embraced by both firms over the last few years have meant that we have gained immense experience in providing solutions for those who want to sell their caseloads or practices.

“This joint venture will mean that we have even more resources at our disposal to facilitate these deals and help other practices which may be in difficulty or wanting to exit the market for other reasons.”
 

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