The move, currently structured as an informal arrangement, is designed to capitalise on potential business opportunities generated by the new consultancy and encourage cross-selling.
The four partners are Jane Hollinshead in real estate, Alison Goldthorp in finance, Andrew Smith in business support and restructuring and Sally Butt in banking litigation.
All four of the partners are understood to have volunteered for the new roles, which are designed to work on an ad hoc basis rather than being a formal arrangement.
Hollinshead said the intention was to identify synergies between each of Addleshaws’ core divisions and the new consultancy.
“This is the logical next step,” Hollinshead added.
The consultancy is aimed primarily at capitalising on an expected wave of consolidation in the professional practices market.
Addleshaws is marketing the consultancy to a range of professional practices, including law firms, that are considering mergers, equity restructurings or new strategic directions.