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West Midlands firm Hadens has almost halved in size following the departure of six partners to set up a rival firm.
The team, led by senior partner Simon James, has launched Ansons LLP. It will specialise in commercial and private client work out of its Lichfield and Cannock offices.
Ansons hopes to capitalise on economic growth in the region following the opening of the M6 toll and regeneration of the Cannock area.
Ansons partner Kamal Majevadia said: “We’re aiming to become more focused on the West Midlands area. The Hadens offices were moving in different directions and we felt we could work better if we were smaller.”
Charles Underwood, a partner at Hadens, which last year generated revenues of £3.5m, touted the move as positive for his firm.
“We’re now able to consolidate our position as the leading commercial firm in the Black Country area,” he commented.