Veale Wasbrough Vizards and Hewitsons have confirmed that the two firms are in detailed discussions about the possibility of a merger. While the talks are currently on-going, no final decision to merge has yet been taken.
The discussions are seen by both firms as a positive move designed to deliver on each firm’s strategy for growth. The merged firm would have a combined turnover of £34m and 480 partners and staff, with offices in Bristol, Cambridge, London, Milton Keynes and Northampton.
Simon Heald, managing partner of Veale Wasbrough Vizards said;
“We have very much enjoyed meeting the Hewitsons’ team and discussing the possibility of merging our firms.
In particular, we have been struck by how much work we do in similar sectors such as education, charities and private client. By working together we believe that there is real scope for us to create a national powerhouse in these sectors, complemented by the strength of our respective regional practices.”
John Dix, managing partner of Hewitsons LLP commented;
“Combining our distinctive commercial practices with national sector specialisations is a compelling and exciting proposition. We are reviewing in detail the opportunities such a merger would present, and the benefits for all our respective partners, staff and clients in terms of increased reach and deeper expertise.”