It is the first acquisition by Pure, which was licensed as an Alternative Business Structure in October. Chief executive Paul Hodgkinson said in a statement that the it was the first step in a five-year strategy. ‘Clinical negligence and product liability are both areas of work in which we wish to expand, and Pryers LLP are considered one of the top firms in the UK who specialise in these areas of work.’
An opportunity
Mr Hodgkinson added that the firm’s strategy ‘takes into account the financial effect that fixed fees will have on income in clinical negligence and, in our opinion, we are still left with an incredibly profitable business; we see these changes as an opportunity, not a hindrance’.
Management team to stay
Pryers has six partners and some 20 solicitors and trainees. The current management team will be in place for a minimum period of three years, the statement said. Source: The Law Society Gazette
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