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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Manchester firm Glaisyers Solicitors is splitting its practice in two, saying the move will help it double the growth of its city-centre office.
Senior partner Nick Johnson said the firm’s offices in Longsight and Manchester city centre had effectively been operating independently for some time. He added that the aim for the city office is to more than double turnover within the next five years, from £4m to £10m, while the Longsight office, which turned over £1.7m last year, is looking to develop its legal aid practice.
The city centre office will continue to operate under the name Glaisyers Solicitors, while the Longsight office is now a separate entity under the name WTB Law - initials that stand for the office’s three partners Elena Waddell, Ben Taylor and Chris Bryan.
“Despite the Ministry of Justice legal aid cuts we still see a good future in this area, particularly in childrens law,” commented Bryan, adding that the firm is actively looking to hire in the areas of children’s and immigration law.
“Of course we’ll suffer from the cuts and we’re investing in private paying immigration clients to absorb some of the losses that we’ll suffer through legal aid. However, now we have split [from Glaisyers Solicitors] we can hold ourselves out in a more focused way, as a specialised practice focusing on children’s law.”
Glaisyers, meanwhile, will continue to focus on commercial services. It has around 50 staff and 10 partners, while WTB is understood to have around 30 staff and three partners.
Johnson said growth at Glaisyers will be achieved through lateral hires, small acquisitions and organic growth. WTB Law said it hopes to maintain its current turnover of £1.7m.
The decision to split is understood to have been mutual and a spokesperson said that there will be no redundancies on the back of the change.