12:32, November 28 249 0

2016-11-28 12:32:11
Addleshaws and HBJ Gateley partners vote through merger

Partners at Addleshaw Goddard and Scottish firm HBJ Gateley have voted through plans to merge the two firms.

The new firm will have over 230 partners and more than 1,100 lawyers. The firm’s combined fee income will also increase to £224m, making it the UK’s 15th biggest firm.

Addleshaws’ existing management structure will remain in place, with John Joyce and Charles Penney working as managing partner and senior partner respectively.

HBJ Gateley’s chairman Malcolm McPherson will join Addleshaws’ board while another partner will also be added to the executive teams of the firm’s corporate and commercial, finance and projects, litigation and real estate divisions.

The acquisition will see HBJ Gateley’s lawyers and staff transfer to Addleshaws on 1 June 2017 when the merger goes live.

The merger was voted through “by an overwhelming majority” of both firm’s partnerships.

Joyce said: “We have for a while had an ambition to be present in Scotland and so are delighted with the overwhelmingly enthusiastic response from the partners, clients and staff of both firms. Overall, it’s a great fit for our clients and our people and we are looking forward to realising the collective benefits of our enhanced geographical reach, increased practice and sector bench-strength and flexibility in our delivery approach.

“This important development is just one aspect of our strategic ambitions and we remain committed to further expansion internationally and in the UK.”