Ellisons Solicitors is to merge with PTL Solicitors to become one of the most prominent providers of legal services in Essex. Ellisons has offices in Colchester, Frinton on Sea and Dovercourt ; PTL has offices in Colchester and Clacton.
Discussions, which have been on going for some weeks, came to fruition yesterday with the signing of an agreement between the two firms to combine their respective practices. The merged Firm, which will be known as Ellisons Solicitors, will have 18 Partners and approximately 40 other fee earners.
Ellisons’ Senior Partner, Peter Powell, is delighted that an agreement has been reached so quickly: “When two firms enter into merger talks, it is all about testing out compatibility and identifying synergies. For an agreement to be reached so quickly confirms our initial instincts that PTL are a natural match for Ellisons and will complement and strengthen our existing practices. In particular, it provides us with a further presence in the Tendring Peninsula in which we are now the pre-eminent firm of Solicitors”
The merger also reflects Ellisons’ commitment to growth, achieved through a combination of organic development and strategic mergers. It is equally in keeping with the Firm’s vision to focus on commercial work, particularly through the Colchester office but still maintain a strong private client base across the region.
Tim Logan, Managing Partner, of PTL is equally pleased with the strategic fit with his merger partners:
“This chance to combine forces with Ellisons was just too good to miss. We may be the smaller party in the merger but feel more than comfortable that our clients and our people will benefit from the greater opportunities presented by the merged firm, which will combine two very similar cultures. “
The merger will officially take place on 1 May 2008. The combined firm will offer greater strength in the following practice areas: Commercial Property, Corporate Commercial, Residential Property, Wills, Probate & Trusts, Employment, Family and Personal Injury.