Kennedys set for Scots merger with insurance firm Simpson & Marwick
Kennedys is set to become the latest UK top 50 firm to move into Scotland, with partners voting on a potential merger with specialist insurance firm Simpson & Marwick later this week. The merger would hand Kennedys five offices in Scotland, with Simpson & Marwick having a presence in Edinburgh, Glasgow, Aberdeen, Dundee and East Lothian.
November 21, 2012 at 07:04 AM
3 minute read
Kennedys is set to become the latest UK top 50 firm to move into Scotland, with partners voting on a potential merger with specialist insurance firm Simpson & Marwick later this week.
The merger would hand Kennedys five offices in Scotland, with Simpson & Marwick having a presence in Edinburgh, Glasgow, Aberdeen, Dundee and East Lothian.
The firm, which also has bases in London and Newcastle, focuses on insurance, personal injury and negligence claims, as well as private client, dispute resolution, employment and administrative law.
According to its website, the Scots firm has 33 partners based full-time in Scotland, with two more splitting their time with the English offices, which house a further three partners. If the talks progress, Simpson Marwick expects to put the merger to a partnership vote in the new year.
Kennedys currently has 18 offices, 10 of which are in the UK, in addition to bases in Portugal and Spain in Europe, Miami in the US, and bases in the Middle East and Asia-Pacific.
The firm is currently in merger talks with top-tier aviation outfit Gates and Partners, as revealed by Legal Week, in a move which could see it branch out into the lucrative aerospace market for the first time.
Should the deal with Simpson & Marwick go ahead, Kennedys would join a number of firms to enter the Scottish legal market in recent months. In May, Pinsent Masons combined with McGrigors, while July saw DWF merge with Biggart Baillie.
Shoosmiths and DAC Beachcroft have also both opened in Scotland recently, acquiring Archibald Campbell & Harley and Andersons Solicitors respectively.
One senior partner at a Scots law firm commented: "This is a good move for both parties and makes strategic sense. I can see why Kennedys would want to operate in Scotland and a tie-up with Simpson & Marwick, which is strong in insurance and personal injury, has its merits."
Kennedys has expanded significantly in recent years, merging with its Dublin associate office O'Hare O'Connor Walshe in June 2011, in the same month that it launched a presence in Brazil through an association with local firm Torres Marcellino & Associados.
The international expansion helped the firm break through the £100m revenue mark for the first time this year, with financial results for 2011-12 showing a 12.7% turnover increase on last year to reach £109.1m. Revenue for the first half of the 2012-13 financial year is up around 10%.
Kennedys and Simpson Marwick declined to comment.
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 AllKirkland, Debevoise & Nishimura Advise On $8.2B Japanese Acquisition of Resolution Life
Covington Swipes Mishcon Insurance Disputes Head for New Practice Launch in London
3 minute readAsia Pacific Hires: Global Firms Kick Off Q4 with Flurry of Team Hires Across the Region
10 minute readTrending Stories
- 1'Largest Retail Data Breach in History'? Hot Topic and Affiliated Brands Sued for Alleged Failure to Prevent Data Breach Linked to Snowflake Software
- 2Former President of New York State Bar, and the New York Bar Foundation, Dies As He Entered 70th Year as Attorney
- 3Legal Advocates in Uproar Upon Release of Footage Showing CO's Beat Black Inmate Before His Death
- 4Longtime Baker & Hostetler Partner, Former White House Counsel David Rivkin Dies at 68
- 5Court System Seeks Public Comment on E-Filing for Annual Report
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