Pure Legal, the alternative business structure set up by Phil Hodgkinson, has made its first purchase of a law firm. Pure has bought Pryers, a medical negligence and product liability specialist law firm based in York.
Mr Hodgkinson said Pryers, which has around 65 staff, would keep its brand “indefinitely” and operate as a subsidiary of the ABS.
He said: “This is our first major acquisition and forms an integral part of our future strategy. Medical negligence and product liability are both areas of work in which we wish to expand, and Pryers are considered one of the top firms in the UK who specialise in these areas of work.
Ian Pryer, managing partner of Pryers, added: “Having faced a number of approaches from law firms and companies over the years to acquire Pryers, it was important for us to wait patiently for the right opportunity with the right company to forge ahead with. That opportunity has arrived with the Pure Group.
“We will continue to build and expand our key areas of clinical negligence and product liability under the stewardship of Pure Legal and, in spite of the government’s attempts to limit the rights of injured people to claim redress, we will continue to fight on behalf of claimants under the Pure banner as we have done for many years.”
Mr Hodgkinson said in October, when Pure Legal obtained its ABS license from the Solicitors Regulation Authority, that he intended to create a firm of 300 people and a turnover of £30 million.