Clyde & Co finalise merger with BLM
A MERGER between global law firm Clyde & Co and UK-based insurance specialist BLM has gone live.
The new company, which retains the Clyde & Co name, includes two former BLM offers in Belfast and Derry. It also has a base in Dublin.
The combined entity now spans 60 cities with a headcount of 5,000 and revenue of more than £700 million per annum.
The BLM teams have become part of Clyde & Co Newton, the legal group's casualty practice.
Cormac Fitzpatrick, Belfast based partner of Clyde & Co in Ireland, said: “The merger has created a powerhouse across the UK and Ireland insurance casualty market.
“The cross jurisdictional expertise, technical know-how and IT innovation will greatly enhance service to our Irish clients. Added to that is client access to Clyde & Co's unparalleled international presence.
“Size matters as clients are increasingly looking for end-to-end support from trusted suppliers across business lines and geographies as they seek partners to support their growth and drive to improve margins in what is an ever-competitive sector.”