LegalZoom has reached an agreement to acquire conveyancing firm Beaumont Legal.
The US legal services provider, which has been planning to launch in the UK throughout 2015, expects the acquisition of Beaumont Legal to be completed by the end of the year.
LegalZoom UK’s chief executive, Craig Holt, said that the firm was building a “unique next generation law firm”.
“[We have] a singular, relentless purpose,” he said. “To best meet the needs of consumers and businesses in the modern era. This requires the perfect blend of technology, lawyers, and other expertise, and Beaumont Legal are an important piece of that jigsaw.”
Nick Masheder, managing partner of Beaumont Legal, revealed the acquisition was a catalyst for the start of a significant recruitment drive at the firm.
“This is an unparalleled opportunity to join with the most innovative, well-known legal brand in the world,” he said.
“We’re also looking forward to considerably adding to our existing capabilities with forward-thinking, innovative individuals who want to be part of something truly special.”
With LegalZoom UK preparing to launch in 2016, Holt added: “We’re meticulously and patiently building something the likes of which has never been seen in the legal market – and remain open to other acquisition opportunities to further that aim. Our consumer and business clients deserve only the very best and we’re going to make sure we take the time to deliver just that.”
