A pair of Thames Valley law firms have agreed to merge in a deal that will create a £24m-turnover business with more than 260 staff.
IBB Law LLP and Owen White Solicitors will join forces from 1 January 2023 in a bid to achieve “greater breadth and diversity of service” for a growing client base in the Thames Valley and beyond.
The move will create a 36-partner and 110-lawyer operation, with plans in place to increase turnover to £30m by 2024/25.
The merged firm – which will be known as IBB Law LLP and IBB Owen White for a transitionary period – will move into expanded offices in Reading in early February 2023.
Owen White’s staff will integrate into IBB Law’s existing Uxbridge office.
Joanna DeBiase will continue as managing partner and Jane Masih will join the main board of IBB Law LLP.
Key practice areas for expansion will include dispute resolution, corporate and commercial, all aspects of real estate work and to build on Owen White’s specialist franchising practice.
DeBiase said: “I am absolutely delighted Jane and her partners have decided to join us on our journey to become a regional heavyweight firm.
“We are looking forward to working with Owen White’s team and clients from January 2023. We are going to work hard together to make sure we can offer all our clients a wider range of services.”
Masih added: “The decision to join forces with IBB Law is a natural response to the growing needs of our commercial client base and provides exciting opportunities to enhance the services we will be able to offer both existing and new clients.
“We are confident that the values and culture of IBB Law are a perfect fit for our firm and we are delighted to announce the merger and our future plans.”
IBB Law LLP (2020) is a successor practice to IBB Solicitors, a general partnership established on the merger of Illifes (1771) and Booth Bennett (1985) in 1994.
Owen White is a niche commercial services firm based in Slough. It can trace its origins to the 1920s.