The AIIC Group which includes leading consumer law firm Taylor Rose acquired Warrington practice FDR Law into its group in July 2021 as it targeted significant expansion in the North-West of England.
The acquisition was part of the group’s strategy to develop its presence beyond its South-East heartland and will also provide impetus for the growth of its consultant solicitor operation in the region.
FDR Law – formerly known as Forshaws Davies Ridgway – can trace its roots back 250 years and offered a broad range of private client and business law services across the North-West. It had five partners among 24 qualified lawyers, and 55 people in total. During 2022, FDR Law staff and its Warrington base transferred to sister company Taylor Rose. FDR Law continues as a conveyancing specialist practice.
Taylor Rose is now a £70m business with over 1,000 people following this acquisition and McMillan Williams in 2020, split between 29 offices around the country and its consultancy platform. The latter gives lawyers the freedom and flexibility to work how, when and where they want but supported by Taylor Rose’s infrastructure – including using the offices.
The aim is to grow the scale and scope of FDR’s conveyancing operations nationally and investing heavily in business development and state of the art bespoke case management systems.
Taylor Rose’s offices are concentrated in Southern England, and particularly the South-East, although it does have offices in Manchester and Workington, Cumbria.
Adrian Jaggard, CEO of Taylor Rose, said at the time: “FDR Law has a strong local and regional presence with a respected brand and experienced solicitors. It provides a perfect foundation for our ambitions to grow along the M62 corridor as we build a national network to support both our traditional law firm operation and our fast-growing consultancy business.
“After the successful integration of McMillan Williams, we are now looking to make Taylor Rose an even more significant player in the consumer law market than it already is. The North-West has a heavy concentration of both lawyers and firms, and at a time when the market is changing, we offer something unique to those who want to find better ways to operate.”
FDR partner Margaret Evans said: “We have made the decision to join the Taylor Rose group from a position of strength but also in recognition that the legal market is consolidating.
“We can see significant opportunities to grow our business with the support, know-how and muscle that Taylor Rose brings, and also provide a home to the growing band of lawyers who are looking to practice as consultants but without the hassle of having to set up their own firms.”
Taylor Rose is unique in running such a large consultancy operation within a more traditional practice structure. Consultants source their own work but also receive referrals from Taylor Rose, and they play a significant role in helping the firm flex the resourcing it needs for different projects.
The consultancy arm, which opened in 2014, is on track to contribute 40% of the firm’s revenue this year.
AIIC Holdings Ltd is a holding company that owns Taylor Rose and acquired FDR Law.
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