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Andersons to become part of international firm Beachcroft
Scottish law firm Andersons Solicitors LLP has agreed terms for the firm to become part of international firm DAC Beachcroft LLP.
Though officially described as a "joint venture", the move will result in Andersons operating as DAC Beachcroft Scotland as from 3 September 2012. It remains subject to final regulatory approval.
Both firms do significant amounts of insurance litigation and sit on the legal panels of several major insurers. The union is intended among other things to enable the provision of a more comprehensive service for major insurer clients.
DAC Beachcroft was formed only last November through a merger between Beachcroft and Davies Arnold Cooper. It employs over 2,000 people and in addition to eight UK offices, has a presence in Ireland and Spain and "best friend" relationships in eight other European countries, as well as offices in Latin America, North America and Asia-Pacific.
Andersons currently has around 40 fee earners in its offices in Glasgow and Edinburgh.
Andersons' founder and chairman, Gilbert Anderson, said: "The joint venture will enable the firm to offer cross-border legal services to insurers throughout the UK. Following the Scottish Government’s support for the radical recommendations of the Gill Review, the establishment of an Arbitration Centre and the ongoing Taylor Review of funding and expenses in civil litigation, Scotland has a real opportunity to become a jurisdiction of choice for litigation and dispute resolution. Given the global nature of DAC Beachcroft, I firmly believe that joining with them will not only be good for our insurance clients but also for Scotland."
DAC Beachcroft managing partner, Paul Murray, said the firms shared "a pleasing cultural fit" and Andersons' client base and expertise fitted well with his firm's. The move was "a significant step in our strategy of becoming the leading UK and international provider of legal services to the insurance sector".