2 minute read
Law firm announces launch of new business hub
A leading Coventry solicitors has launched a dedicated business hub which will act as a one-stop shop for all commercial law needs.
Talbots Law, based at 10 The Quadrant (CV1 2EL), has created the new hub as part of the firm’s ambitious expansion plans.
It comes after Talbots acquired Sarginsons Law in May last year, and has since made significant investments to expand the range of services that can be accessed in Coventry through the introduction of new specialist teams to complement the existing solicitors in the office.
The firm has hired around 30 new members of staff to both facilitate the new business hub and also expand on the private client teams already in place and has invested £75,000 on renovating the office.
It is also making key community investments and is proud to support the Coventry Blaze throughout the 2024/25 Elite Ice Hockey League season as penalty box sponsors and legal partner to the fanbase.
Talbots, which now has 12 offices, can provide the full spectrum of commercial legal services from Coventry, and works with clients across all sectors both regionally and UK-wide.
It has a number of niche areas of expertise that sets it apart from other law firms, including a specialist block management team which works with commercial property owners and landlords, and a specialist agricultural team that supports clients through all aspects of farming, rural landowning and business management, including advising on green energy solutions.
The firm has a bespoke franchise department which has launched more than 100 McDonald’s franchises alone over the last 20 years.
A specialist debt recovery solicitor has been added to the business, and Talbots also offers an in-house insolvency team.
The business as a whole has experienced significant growth in the last two years, going from a turnover of £22 million and 290 members of staff in 2022, to this year projecting a turnover of around £32 million and currently employing 490 members of staff.
Dave Hodgetts, CEO at Talbots Law, said: “Coventry is the fastest growing city by population in the country, so we saw the Sarginsons acquisition as a significant opportunity for the business.
“Over the last 18 months we have worked to strengthen the office, bringing in experienced and talented staff to enhance the teams already in place as well as launch new services.
“We have already received a significant amount of positive feedback from existing clients and have also been able to attract a large number of new ones based on the new services we provide.
“We see Coventry as a flagship office, and we’re extremely excited to launch our new dedicated business hub which will provide businesses with a one-stop shop for their commercial law needs.
“All of this will feed into our wider business strategy as we look to triple the revenue of the Coventry office, which we are well on course to do, and achieve a £50 million turnover business-wide by 2028/29.”
Further information about Talbots Law is available by visiting https://www.talbotslaw.co.uk/