04:35, September 27 163 0

2017-09-27 04:35:07
Addleshaws merges support and consultancy businesses

Addleshaw Goddard has combined its supporting and consultancy businesses into one by launching its new service, AG Intelligent Delivery (AG ID).

AG ID contains all of the firm’s supporting businesses including AG Consulting, flexible lawyer service AG Integrate, and the Transaction Services Team (TST).

The service will generate a combined £15m in turnover, 7.6 per cent of the firm’s total £198m turnover, and employ more than 300 people.

AG ID will run with a combined investment pot for any future projects and its operations will be concentrated on the firms northern offices. This includes its offices in Scotland, gained through the merger with HBJ Gateley which went live on 1 June.

Speaking to The Lawyer, Addleshaw Goddard chief operating officer (COO) Axel Koelsch said the move was entirely client-driven and designed to streamline the firm’s services.

Koelsch said: “We spoke with our clients and realised that what they wanted wasn’t pumps, they wanted the water. We’re trying to make the process easier for our clients and we hope AGID will do this.”

Koelsch was eager to stress that this will not be a “sideline business”, but an important strategic element for the firm in the future.

The firm has also named Kerry Westland as its new head of innovation and legal technology to work on the project. Westland is based in the firm’s Manchester office and will oversee the firm’s application of new technologies.

Westland has worked with a range of the firm’s largest clients including HighQ, Kira and National Grid.

For Koelsch, this represents arguably his biggest contribution to the firm since it was announced he would be joining from Freshfields Bruckhaus Deringer’s Germany operation in December last year.

Prior to Koelsch’s arrival, the firm announced that it was looking for a COO with experience of a merger. Koelsch was head of continental Europe at legacy Lovells during its transatlantic merger with legacy Hogan Hartson.

However, the firm’s talks with German best friend firm Luther broke down in June.

Kolesch said: “We have a strong history of breaking new ground in the business of law and the concept of intelligent delivery reflects our culture of innovation and smart thinking and will help us to bring together all the unique strengths, capabilities and value of client approach.”

Addleshaws declined to comment on the cost of implementing the new service.

The firm announced a slight drop in its financial performance last year, seeing a 2 per cent decline in revenue from £202m to £198m.