Denton Wilde Sapte has recruited a 40-member commercial team from the Milton Keynes office of Howes Percival.
The new team is made up of six partners, 24 fee earners and 14 support staff and will join Dentons’ existing Milton Keynes team of eight partners, 35 fee earners and 58 support staff. It is understood that two of the six new partners will join the equity at Dentons.
Howes Percival has a turnover of £21.9m and is ranked 95 in the UK 200. Chief Executive Officer Howard Morris argued that the team was a good fit with Dentons, which is eight times larger in turnover-terms, because of the strength of its practice.
“These partners have excellent practices. All but one have a background in City firms,” said Morris. “We’ve had an office in Milton Keynes for 20 years – we’re able to provide services in real estate, dispute resolution and employment. Now we have corporate commercial as well.
“By having a practice in Milton Keynes we can offer a range of flexibility on pricing, staffing and the characteristics of work done to clients in the UK and internationally.”
The Howes Percival team includes specialists in disputes, commercial, employment and real estate work.
Managing partner of Howes Percival Leicester office Jit Singh said: “We completely respect the wishes of the six partners who wanted to develop more of a London-based practice. It allows the rest of the firm to get on with the business of growing the practice in the East Midlands and East Anglia where we’re experiencing very rapid expansion.
He added: “Our plan is to increase our overall turnover within 12 months despite the inevitable reduction in fee income from our Milton Keynes office. The growth and ongoing potential in our other three offices means that we’re very confident of attracting the best talent.”
Howes Percival will maintain its Milton Keyne base, which will now focus on volume residential conveyancing work.