Clyde & Co’s merger with BLM goes live

Global law firm Clyde & Co’s merger with UK and Ireland law firm BLM goes live today.

The new firm, known as Clyde & Co, has global revenues of over £700m a year, a headcount of over 5,000, with offices in over 60 cities worldwide including 14 in the UK.

The newly expanded casualty practice, which has over 800 legal professionals working across casualty business lines, has today relaunched and rebranded its online casualty innovation platform as Clyde & Co Newton.

Originally launched in November last year, this practice one of the first visible outputs from the merged firm and promises to offer casualty clients technology-based solutions. The platform has the ability to ‘read’ 99% of all documents required for claims evaluation and can automatically produce valuations for 89% of EL and PL claims.

Chris Murray (pictured), partner at Clyde & Co, said: “The merger is our response to insurers’ changing needs. By combining our businesses, we have created a new foundation for casualty claims built on scale, expertise and an innovative vision for the use of technology.

“Becoming the largest player in UK casualty gives us the largest data set in the sector and the ability to invest in the technology that fully unlocks its potential and Clyde & Co Newton is our banner for this technology and innovation.”

Matthew Harrington, a Partner at Clyde & Co and BLM’s former Senior Partner, added: “The merger has created the biggest casualty practice in the UK and will allow clients to benefit from our expert teams across the UK and Ireland, while benefitting from Clyde & Co’s unparalleled international presence too. 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. We are delighted that our clients will now be able to benefit from all the merged firm as to offer.”

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