Sheffield-based SSB Law and Macclesfield firm Imperium Law are set to merge in the coming months, creating a practice with £5 million in turnover, two offices and 50 members of staff.
Both offices will retain their existing names and branding, operating as part of the newly formed SSB Group, which also includes SSB Financial Services and SSB Compliance.
The merger was announced by SSB Law managing partner Jeremy Brooke, who said: “I have personally known Phil [Jackson, director at Imperium Law Solicitors] for nearly 20 years, having worked together in the past and it was clear from our early discussions that there was a great fit between the two firms. We both have strong reputations in injury and medical negligence claims combined with a real focus on using efficient processes to benefit clients.”
“The joining of the two businesses strengthens our position in the personal injury sector significantly, at a time when many practices have moved away from this area of law due to external changes in the market.”
Jackson commented: “The merging of the two firms will enable us to take advantage of opportunities smaller firms are often excluded from, whilst expanding the range of services we are able to offer, such as probate and matrimonial advice.”
The combined group plans to invest in marketing and technology, and is considering further opportunities by way of acquisition, having already attracted interest from significant international investment funds.
Brooke explained: “There’s a level of scale required to be successful in the personal injury market now and we have held discussion with a number of parties about ways we can work together in the future, be that through acquisition or strategic partnerships.”