Global law firm Clyde & Co has taken its first steps into expanding in the US with the hire of 15 insurance and litigation partners.
The hired partners are from Sedgwick
LLP, a California-based law firm. Late last month, Sedgwick
told its lawyers and staff that it will permanently cease operations by the end of December.
According to a release, the partners Clyde & Co are hiring are “highly regarded insurance coverage, trial and litigation lawyers, with a focus across insurance lines and represent US and international insurance carriers, corporates and public sector bodies.” The lawyers are predominantly based in three offices across California – San Francisco, Los Angeles and Orange County – with some of the professionals based out of Chicago, New York and Miami.
In addition to the 15 partners, Clyde & Co will include over 65 attorneys and staff, which includes a shared services team in Kansas City, Missouri. The team comprises finance, business acceptance and IT staff and other business staff.
“Our global growth strategy is focused on our core sectors and our ability to hire the very best teams in the locations in which our clients need us,” said Clyde & Co senior partner Simon Konsta. “We have been growing in the United States for nearly 12 years and the addition of these 15 partners complements our existing west coast and national business. These partners are all focused on core areas of practice that complement our own and our objectives in North America, as well as our strategic ambition of being pre-eminent in our chosen sectors in any market in which we operate.”
“We are pleased that our strategy of hiring the leading lawyers in the insurance sector continues to deliver results,” commented Clyde & Co San Francisco managing partner and US board chair Bill Casey. “This is a close-knit team that we have known for some time. They will help us build our insurance, trial and litigation capabilities, particularly in northern and southern California, and further enhances our ability to provide our US and international clients with nationwide services.”
Both Clyde & Co and Sedgwick were previously in talks for a possible merger. However, the deal fell through after Sedgewick saw over 30 of its partners leave the firm by the end of August.
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