04 December 2017 at 13:58 BST

SME law firms merge to grow turnover

Two SME UK firms have merged to grow their practices aggressively in the next five years.

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UK law firm Illiffes Booth Bennett Solicitors (IBB) has joined forces with Turbervilles.The combined turnover of the two firms is £20m annual turnover and the new entity will be called IIB Solicitors. The merged firms,which have clients including Aviva, Xerox and Bellway, is seeking to increase revenues to £30m in the next five years. The combination will see the five Turbervilles partners move to IBB’s offices, headed up by managing partner Joanna DeBiase. Turbervilles former managing partner, Russell Hallam, will join the IBB leadership team. The combined firm now aims to grow revenue to £30m by 2023 through the joining of practices working in different sectors.

 
   
 
 
 

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