Law firm Simpson Millar has announced a major restructuring, putting 100 jobs at risk. The move aims to enhance operational efficiency and focus on growth areas.
- The firm plans to close certain departments, reducing its range of private client legal services.
- Simpson Millar is in advanced discussions for the acquisition of its conveyancing division.
- The company has offices in multiple cities across England and Wales.
- Chief Executive Greg Cox emphasised the need to adapt to the changing legal market.
Simpson Millar, a law firm with offices across England and Wales, has put 100 jobs at risk following the announcement of a company-wide restructure. The firm stated that this move will ensure the business operates in the most efficient way possible while focusing on further investment in its growth areas.
As part of the reorganisation, Simpson Millar plans to reduce the range of private client legal services it offers, retaining its core practice areas in injury, public, and private sectors. This includes exiting the dispute resolution, employment, and wills trusts and probate markets. Meanwhile, the firm is in advanced discussions with a reputable firm regarding the acquisition of its conveyancing work and the transfer of its conveyancing team.
Simpson Millar has a significant presence with offices in Billingham, Cardiff, Lancaster, Liverpool, Manchester, Bristol, Catterick, Leeds, and London. Chief Executive Greg Cox underlined the necessity of adapting to the evolving market conditions, such as the extension of fixed costs to large parts of civil litigation and other external forces.
Greg Cox said, “Simpson Millar is a great business, and we firmly believe that we have the opportunity to really challenge the legal market and the way that legal services are offered to clients.” However, he acknowledged the need for restructuring to face new challenges and to invest in growth areas.
Cox added, “We are pleased to say that we are now in advanced discussions regarding the acquisition of our conveyancing work and the transfer of staff. Sadly, however, we have also entered into consultation with those colleagues whose roles are affected by other changes. Our priority is to support those affected, and to ensure that we continue to provide a great service to our clients during this transition.”
The firm’s restructuring aims to enhance efficiency and invest in growth areas while adapting to market changes.