QualitySolicitors

QualitySolicitors

QualitySolicitors

Law firms in the United Kingdom


QualitySolicitors is a grouping of law firms in the United Kingdom.[2] It was founded in 2009 and has over 200 branches. It is the first national chain of solicitors in the UK.,[3] following a franchise-type model based on independent ownership of small to medium High Street law firms trading under one brand name but sharing national marketing campaigns.

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History

QualitySolicitors was founded in 2009 as an internet-based alliance of independent law firms in the United Kingdom.[4] In May 2010 member firms began to rebrand under the "QualitySolicitors" name, with 50 converting in November of that year.[2][5]

In April 2011 QualitySolicitors agreed a deal with the retailer WHSmith under which QualitySolicitors would place representatives in up to 500 of its branches.[4][6][7]

In October 2011 the private equity firm Palamon Capital Partners acquired a majority stake in the QualitySolicitors holding company in a deal estimated at around £100 million.[1][8][9] In March 2012 QualitySolicitors launched a £15 million television advertising campaign, the largest ever by a UK-based legal services provider.[10][11][12]

In September 2012 it was announced that QualitySolicitors had formed a partnership with the California-based online legal services provider LegalZoom, as part of which the companies will jointly offer online legal services in the United Kingdom including company formations and divorce documents.[13]

Operations

QualitySolicitors has over 80 branches across the UK and previously held locations in 160 WHSmith outlets.[9]

Member firms pay varying annual fees to the QualitySolicitors holding company. This revenue is used to fund central costs such as advertising.[9]


References

  1. "QualitySolicitors secures majority investment from private equity firm". Legal Week. 20 October 2011. Retrieved 3 May 2012.
  2. "QualitySolicitors to put desks in 500 WHSmith branches". The Lawyer. 7 April 2011. Retrieved 3 May 2012.
  3. "Exclusive: QualitySolicitors launches high street network". Law Society Gazette. 20 May 2010. Retrieved 3 May 2012.
  4. "Selling Pieces of Law Firms to Investors". The New York Times. 28 October 2011. Retrieved 3 May 2012.
  5. "QualitySolicitors in WHSmith tie-up". Law Society Gazette. 7 April 2011. Archived from the original on 21 January 2012. Retrieved 3 May 2012.
  6. "Palamon Capital invests in QualitySolicitors". Financial Times. 21 October 2011. Retrieved 3 May 2012.
  7. "Private equity buys into QualitySolicitors". Law Society Gazette. 20 October 2011. Retrieved 3 May 2012.
  8. "QualitySolicitors: The Movie – the £15m ad campaign". Legal Week. 30 March 2012. Retrieved 4 May 2012.
  9. "QualitySolicitors recruits in run-up to £15m ad campaign". Law Society Gazette. 19 January 2012. Retrieved 4 May 2012.
  10. "LegalZoom to tie up with QualitySolicitors for British launch". The Lawyer. 20 September 2012. Retrieved 22 September 2012.

Further reading


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