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Irwin Mitchell-Thomas Eggar merger to create top-five private client practice

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Leading law firms Irwin Mitchell and Thomas Eggar are merging to create a top-five private client team specialising in advising both the mid-market along with high and ultra-high-net-worth individuals.

The merger is expected to complete in December and will combine the strength and experience of the private client teams from Irwin Mitchell, Thomas Eggar and Berkeley Law, which was acquired by Irwin Mitchell in November 2014.
 
Irwin Mitchell Group Chief Executive Andrew Tucker (pictured) says the deal – which will create a GBP250 million legal services business and position the combined firm as the 11th largest legal business in the UK – would enable the Group to expand its range of services for clients with complex financial affairs in the UK and abroad.
 
He says: “This is about two great businesses coming together to share one great future. The wealth advisory market is extremely important to us and this merger gives us greater scale, which will benefit clients. Our aim is to become the legal and wealth advisory business of choice for clients. Combining our strengths will give us a competitive advantage in these markets.
 
“The number of millionaires is reported to have risen by more than 40 per cent over the last few years and never before has there been such a demand for high-quality advice. Often our clients have complex needs and want advice about a wide range of issues such inheritance tax planning or protecting their finances in the event of a divorce – but whatever their needs, our expanded team will have the expertise to help.”
 
Thomas Eggar Managing Partner Vicky Brackett – who will join the Irwin Mitchell LLP Executive Board – says that Thomas Eggar has one of the UK’s largest and most well-regarded private client teams offering services including family law advice, international tax advice, personal wealth planning, probate administration, services for vulnerable clients and tax compliance and trust administration.
 
She says: “This is a really exciting merger of two dynamic firms that is great news for our clients and our staff. Bringing our two firms together will make us only stronger and gives the strength in numbers and experience to offer clients a private wealth service that is second to none. It highlights how Irwin Mitchell recognises the success of Thomas Eggar and Thomas Eggar recognises the strength of Irwin Mitchell. 
 
“Significant levels of our business come from high and ultra-high net-worth clients who are typically entrepreneurs, successful business people and sports and media personalities. Their needs are varied and often complex, spanning their business, family and personal lives and often with an international element, too.”
 
The merger will see all circa 450 Thomas Eggar employees, including 67 partners, transfer to Irwin Mitchell after a TUPE process. Thomas Eggar will adopt the Irwin Mitchell brand in the first half of 2016.
 

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