Mid-sized London firm Kingsford Stacey Blackwell is on the lookout for 40 new fee earners in the next six months as part of an aggressive growth plan.
The 40 are being sought for the firm's personal injury department, which has just won commitments of work from “two or three insurance companies”. Managing partner Charles Rankmore, however, refuses to name the companies.
The hirings represent the early stages of the firm's declared five-year plan which includes doubling in size and raiding City firms for staff.
Kingsford Stacey recently appointed six new partners and one consultant.
Andrew Hamilton, partner in family law at Amhurst Brown Colombotti and commercial litigator Nikki Olympitis from Simmons & Simmons have recently joined the firm which has also made up four new partners internally.
Mishcon De Reya insolvency partner Julie Killip has also joined the firm as a consultant.
The Lincoln's Inn firm has also hired 10 new fee earners and four paralegals since Christmas, and is looking for more office space, says Rankmore.
“We looked at ourselves at the end of last year and said we can let things happen to us, or we can drive ourselves forward. We have got a broad-based practice and what we are trying to do is build up breadth and strength. It also makes life a little more exciting,” says Rankmore.
Asked how much money the firm is investing in the expansion, Rankmore, who has given up fee-earning to concentrate on management, says: “It's self-funding in many respects. We are looking for people who have been in fairly large firms, and if they can bring their work with them we welcome them.”
The expansion plan comes within 18 months of the merger of Kingsford Stacey and Booth & Blackwell.