Leading fee-sharing law firm Spencer West has announced it will open its latest regional hub in Birmingham after recruiting a team of 14 specialists, including three partners.
All 14 of the team’s specialists will be based at the new Midlands hub in the latest round of expansion for Spencer West, which has grown to around 200 partners nationally and internationally since its formation just five years ago.
The trio of Birmingham-based partners joining from Axiom are immigration expert Stephen Kong and property specialists Richard Kong and Peter Lin, who will bring with them eleven other colleagues to form the new Spencer West Midlands team.
The firm’s co-founders say they expect further growth in the region with the office in Colmore Row including additional room for further hires.
The news comes as Spencer West, which allows partners to keep a greater share of fees than traditional models and is one of a number of fast-growing legal businesses with a similar model, also announces its first acquisition – London-based private wealth boutique Hierons LLP.
It already has established hubs in London and Exeter and opened its most recent hub in Glasgow just last month.
Co-founders Simeon Spencer and Antoine West [pictured] said: “This is a significant number of high quality legal experts expanding the range and depth of services we can offer to our clients in the Midlands, nationally and internationally.
“Birmingham and the Midlands is a vibrant and exciting market for us and, with the teams joining us to launch our latest hub, we think it’s a region where our partners’ experience as their own business owners as well as lawyers can offer something different to more traditional models, which we think will be attractive to clients.”
“It also shows the continued attraction of fee-sharing models in the recruitment market, not just for individual partners or teams but also the possibility for acquisitions which fit our culture and strategy.”