The combination will create a full-service law firm of over 180 people with a joint £25m annual turnover.
The senior directors of Lawrence Stephens will become equity partners in the LLP, creating a combined group of 13 equity and 37 fixed-share partners.
The merger is expected to complete in October; further details, including the name of the combined entity and its new office location, will be released later this year.
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Simon Ross, managing partner at Seddons, said: “The merger of Seddons and Lawrence Stephens is exciting news for our people and clients.
“Our discussions have clearly shown that we have the same key values — to provide the best platform for our loyal and experienced colleagues to reach their full potential and to offer a comprehensive and personal service to our wide client base.
“Together, we will take advantage of new and exciting opportunities and provide our existing clients with an enhanced level of service and expertise.
“The merger strengthens our joint firms’ core departments and adds areas of specialism to benefit both our existing client bases — it provides the perfect platform for our future growth.
“We look forward to working with Lawrence Stephens to create an exciting and successful future together.”
Steven Bernstein, senior director at Lawrence Stephens, added: “We are very excited by the prospect of merging with Seddons, a firm that, like us, comprises excellent lawyers and a wide range of entrepreneurial clients.
“It has been apparent from our first discussions that a real synergy exists between our firms; we both regard culture as key, putting our people first, while ensuring that our respective clients experience the best possible legal services in a timely and cost-effective way.
“The merger will create a full-service, progressive and forward-thinking law firm that will be a real force in the industry.”
Seddons offers legal advice across a range of areas, particularly real estate, corporate, dispute resolution, private client and family law.
Meanwhile, Lawrence Stephens specialises in real estate, corporate and commercial, real estate finance and banking, succession planning and commercial litigation work.
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