Northern firms DWF and Ricksons are set to merge, creating a firm with an annual turnover of £51m with around 800 staff.
The regional firms have confirmed that merger talks first took place in August and that the tie-up is expected to go live on 1 January 2007. The combined firm will be known as DWF.
As reported by The Lawyer (20 November), DWF announced an ambitious growth strategy, with plans to double the firm’s turnover by 2009 and to establish a Leeds presence.
DWF managing partner Andrew Leaitherland told The Lawyer: “We’ve been very clear in terms of our strategy and very clear that this will include an opportunity for a merger. We looked at the market and looked at firms in terms of their culture and quality of individuals. Ricksons came top out of a very short list.”
Ricksons managing partner Anthony Hughes said: “Following a strategic review earlier this year, we decided to grow more quickly than by purely organic growth. The entirety of Ricksons and the entirety of DWF are in talks. There’s no split.”