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Newcastle upon Tyne maritime firm Rayfield Mills has opened a London office with the aim of giving the likes of Clyde & Co, Ince & Co and Richards Butler a run for their money
The move was driven by client demand, said Robert Joiner, one of the two partners who has left Newcastle to set up in London. "We've forged close and lasting links with our shipping and trade clients around the world by delivering cost-effective legal services, which adds real value to their business," he said. "Our London office will make those links even stronger as well as facilitating business development." The firm is hoping to gain work by competing with the London shipping firms on price by running all of the administration and resource aspects of a case out of Newcastle. Only those costs that are absolutely necessary will be racked up in London. The firm acts for London-based multinationals on shipping and trade insurance matters, as well as for protection and indemnity clubs (third-party insurance for shipowners). Partner Barry Young's arrival in London is imminent, leaving six partners in Newcastle. Joiner and Young were at Ingledew Botterell before leaving to join Rayfield Mills with another ex-partner in 1993. Ingledew became part of Eversheds soon afterwards.