Anderson Fyfe has announced a merger with national law firm TLT LLP. The combined firm
will have the capability to deliver legal advice from TLT offices
in all UK legal jurisdictions.
Both Anderson Fyfe and TLT have a strong focus on the financial
services sector and have in common a number of financial services
clients. Over 40% of TLT's income is from its financial services
clients, which include the major UK lenders and many international
banks. Anderson Fyfe has a similar focus on financial services and
is very successful in financial services recoveries work - for
which the firm is ranked in tier 1 within the Scottish market in
the Legal 500 legal guide.
The target date of completion is 1st July 2012.
Anderson Fyfe's Managing Partner, Tom McEntegart, will become TLT's
Operational Managing Partner for TLT in Scotland.
He said, "This merger is a good strategic move by both firms to
enhance our client service delivery, strengthen our relationships
with clients to grow our market share."
Following the merger TLT will have a forecast turnover of
£48million, 80 partners and employ approximately 750 across offices
in Glasgow, Bristol, London, Edinburgh and Belfast.