Another personal injury (PI) firm has sold a large caseload to acquisitive Yorkshire firm Neil Hudgell Solicitors ahead of the Jackson reforms kicking in.
Manchester-based Apple Legal Solicitors has transferred its road traffic accident claims practice for a six-figure sum.
Neil Hudgell last year set up the website www.webuyanyfiles.com to acquire business from practices looking to shed PI work ahead of alternative business structures and the Jackson reforms. In June it sealed a £1m-plus deal with Solihull-based Forum Law Ltd to acquire its high-value public liability and clinical negligence work, opening in Solihull as a result.
In recent months the firm has also purchased PI files from north Yorkshire-based Williamson Hill and the PI and clinical negligence caseload from former Peterborough-based Carters Solicitors, in addition to buying three other practices outright last year.
The firm’s eponymous managing director, Neil Hudgell, said: “Taking on this new caseload is part of our ongoing strategy to grow our business by 100% by 2014, both organically and through acquisition.
“The changes underway at present in the legal profession have led many practitioners to weigh up their options and decide to exit the industry. However, thanks to the business model we have developed, our expertise in niche areas and our commitment to customer care, we are confident that we will continue to develop and expand our business.”
Adam Tulk, a partner at Apple Legal, said: “Apple Legal has decided to sell its RTA practice to Neil Hudgell Solicitors as a result of new challenges in the field of personal injury law.”
Neil Hudgell Solicitors was advised by Phil Jordan of Ward Hadaway, with due diligence conducted by niche law firm ZL Consulting.
In June, a television advertising campaign run by Neil Hudgell Solicitors won the multi-platform production award at the Royal Television Society Yorkshire Awards.