McGrigors seals merger deal with Northern Ireland's L'Estrange
Leading Scots firm McGrigors is to merge with Northern Irish heavyweight L'Estrange & Brett, it was announced today (28 August). The merger, which was signed last night, will complete on 1 October when L'Estrange will be absorbed into the McGrigors' brand and LLP. At this point the two firms will become financially integrated.
August 28, 2009 at 07:06 AM
2 minute read
Leading Scots firm McGrigors is to merge with Northern Irish heavyweight L'Estrange & Brett, it was announced today (28 August).
The merger, which was signed last night, will complete on 1 October when L'Estrange will be absorbed into the McGrigors' brand and LLP. At this point the two firms will become financially integrated.
The merger will see McGrigors move into L'Estrange's single-site premises in Belfast, forming one of the biggest law firms in Northern Ireland, with more than 40 lawyers and a headcount of 100. This includes 10 partners, 26 lawyers and six trainees from L'Estrange and one partner and six lawyers plus support staff from McGrigors.
McGrigors managing partner Richard Masters (pictured above) said: "We have had a longstanding commitment to the Northern Ireland market, having opened our own office in Belfast in 2000. We wanted to strengthen our market position and gain critical mass and this deal achieves that in one stroke. L'Estrange & Brett is a good fit for McGrigors, with excellent synergies across the practice areas and a common focus on quality. The merger reflects our plans for growing our business through joining up with firms where there is an excellent strategic and cultural fit."
L'Estrange senior partner Brian Henderson added: "The merger allows us to become part of a UK-wide practice – the first move of its kind by a leading Northern Ireland firm. It means we will be able to offer our existing and future clients a greater range of services, including specialist services not currently available in Northern Ireland, as well as a greater geographical reach. We see it as an important strategic move, which will also help us build on existing business gains in the UK and Ireland. A big attraction for us was the fact that McGrigors knows the market in Northern Ireland and so recognises the importance of continuing to service the needs of our clients here too."
In August last year McGrigors absorbed the commercial litigation and real estate arms of West End litigation practice Reid Minty into the firm. As part of the acquisition 18 Reid Minty staff joined McGrigors, including four partners, four trainee solicitors and two directors.
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