TLT announces Scottish merger and Northern Ireland launch
TLT is to merge with Scottish litigation specialist Anderson Fyfe, with the union and a planned launch in Northern Ireland expected to create a firm with predicted revenues of £48m and coverage of all UK legal jurisdictions. The Scottish tie-up will gift TLT offices in Glasgow and Edinburgh and will add around £3m in revenue as well as eight partners and 45 employees to TLT's existing practice in London and Bristol.
May 09, 2012 at 05:22 AM
2 minute read
TLT is to merge with Scottish litigation specialist Anderson Fyfe, with the union and a planned launch in Northern Ireland set to create a firm with predicted revenues of £48m and coverage of all UK legal jurisdictions.
The Scottish tie-up will gift TLT offices in Glasgow and Edinburgh and will add around £3m in revenue as well as eight partners and 45 employees to TLT's existing practice in London and Bristol.
Both firms focus on the financial services sector and share a number of clients. More than 40% of TLT's income comes from financial services clients, while Anderson Fyfe has a particular focus on financial services recoveries work. Around 75% of the Scottish firm's practice is litigation, with the remainder concentrated in real estate.
The merger is due to go live on 1 July, when all of Anderson Fyfe's employees are expected to become part of TLT. Former managing partner Tom McEntegart is set to become operational managing partner for Scotland. No redundancies are expected as a result of the merger.
TLT is also set to open in Northern Ireland with the launch of a new office in Belfast.
The operation, which will sit within a separate limited liability partnership TLT NI, will focus on providing litigation advice to existing financial services clients. Litigation partner Katharine Kimber who joins from Wilson Nesbitt Solicitors will head the operation. She will be supported by four locally recruited lawyers.
TLT managing partner David Pester (pictured) said: "Client need dictated this move to us; both firms are very strong in financial services and litigation, and by adding Northern Ireland we can offer clients joined-up services in all three jurisdictions, something they are increasingly coming to expect.
"Our first aim is to deliver our existing services to a very high level. Over time, we want to increase market share in financial services and litigation, as well as adding some service lines in litigation and taking full advantage of Anderson Fyfe's real estate pedigree."
The newly enlarged firm will have 80 partners, including 25 equity partners, and around 750 employees across its five UK offices.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
LatAm Moves: DLA Piper Chile, Brazil’s Demarest Build Out Disputes Muscle
Kingsley Napley and Lord Pannick Spearhead Private Schools' Challenge to Government VAT Policy
Spain Loses Appeal as London Court Rejects Claim of Immunity in €101 Million Arbitral Award Enforcement
Jones Day Expands European Footprint with Global Disputes Partner in Madrid
Trending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
