Regional demand drives legal firm’s acquisition
Law firm Weightmans which has a base in Leeds, has acquired the business and assets of Watson Burton LLP for an undisclosed sum.
Weightmans explained it is responding to growing demand for its services in the North East of England.
The firm’s first Newcastle office opens today – 28 October – and will incorporate the existing Watson Burton LLP business, clients and staff operating from St James’ Gate in the city centre, with plans to develop all core sectors across the region including insurance and public sector.
Watson Burton’s Leeds office also forms part of the deal and staff based there will move to Weightmans’ Westgate Point premises.
This new presence in Newcastle is intended to further strengthen Weightmans’ position as a top 45 national law firm, adding to the business’s seven existing offices in Leeds, Birmingham, Glasgow, Leicester, Liverpool, London and Manchester.
Watson Burton employs 64 people including nine partners. All have transferred to Weightmans as part of the deal.
Weightmans managing partner, John Schorah, said: “We are absolutely delighted to be opening an office in Newcastle.
“Not only can we build on the markets we share with the Watson Burton team, but we will be able to offer services to all our clients in the North East from a local base. It will add a different dimension and allow us to build strong relationships with new and existing clients.
“As well as client and sector similarities, we share similar values and a shared culture – focused on the success and development of our people and contribution to the local community. We feel Watson Burton are a great match for us and we are very excited about this new venture.”
Watson Burton managing partner, Chris Graham, said: “We are immensely proud of our history and achievements in the North East.
“Joining forces with Weightmans we will be better placed to compete both locally and nationally, offering a broader range of core and more specialised services. We have much in common with Weightmans and are confident of making even more of an impact in the region.”
Watson Burton will operate under the Weightmans brand.
