Law firm Keoghs has completed its buyout of commercial firm Hill Dickinson’s insurance practice. Under the deal, 17 partners and 311 Hill Dickinson staff have moved to Keoghs. The buyout takes Keogh’s headcount to 1,740 people across 12 offices.
As well as adding staff to existing offices in London and Manchester, Keoghs will sub-let premises from Hill Dickinson in Liverpool as part of the transaction.
The sale excludes Hill Dickinson’s marine insurance and clinical negligence work, which is undertaken separately to its general insurance practice. Hill Dickinson struggled to maintain its profits in 2017, with profit per partner dropping by 9 percent last year.
Keoghs acts for insurers representing half of the UK general insurance market and has offices in Bolton, Coventry, Glasgow, London, Manchester and Southampton.