Lance Mason completes first acquisition of 2015
Lance Mason has announced that the future of up to 20 jobs at a solicitors firm in Southport have been secured after it has agreed to acquire a large proportion of its ongoing cases.Lance Mason Solicitors, which employs in excess of 100 members at its three offices in Blackburn, has taken on the trade and assets of Southport firm Byrne and Co. The entirety of the workforce will become part of Lance Mason and will continue to work from the Southport office specialising in industrial disease and financial mis-selling disputes.
“The expansion of our client service into Southport means we are adding 3,500 cases to our on-going case load. However far more importantly than that, we have safeguarded the jobs of around 20 experienced and talented employees,” said Mark Fallon, Lance Mason Chief Operating Officer. “Acquisitions such as this have been identified as a cornerstone of our growth strategy to facilitate our aim of entering the Legal 100 by 2020.”Lance Mason prides itself in deploying an innovative approach to managing claims from across England and Wales, for all types of personal injury, including road traffic accidents, industrial disease and medical negligence claims. Regarded as legal services disruptive innovator, Lance Mason has enjoyed growth of 2,000% over the last three years and won a number of awards including most recently, national Best Business Award for Innovation.
“As we pursue our aim of becoming one of the country’s leading providers of legal services, we are actively exploring the potential for further acquisitions to compliment our organic growth aspirations” said Mohammed Patel, Chief Executive of Lance Mason. “We are delighted with the support we have been able to provide to our new colleagues in Southport and we look forward to working with this highly experienced team as we continue to grow.”Lance Mason was established in 2010 by Mohammed Patel with just four employees. It has reinvented the traditional approach to managing personal injury claims by combining state-of-the-art technology, world class agile business processes delivered with a personal touch. It provides both B2C and B2B legal services. A separate legal costs management division, LM Costs, was launched in March 2013. The business, which holds an Alternative Business Structure (ABS) license from the Solicitors Regulatory Authority, is actively developing a number of other B2B propositions some of which will be fulfilled by building our capability and others as a result of further acquisitions.