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Law Firm mergers and acquisitions (M&A): Getting it right first time

Professional indemnity essentials for law firms

July 22, 2025

With law firm M&As on the rise, Jonny Burt advises on the crucial impact of deals on a firm's PI cover.
Financial, Executive and Professional Risks (FINEX)
N/A
Law firm mergers and acquisitions: Getting it right first time

PI insurance for law firms: Jonny Burt, Associate Director, PI Legal Services — FINEX GB

Transcript for this episode

JONNY BURT: At Willis, we are seeing and expect to continue to see an uptick in law firm mergers and acquisitions with firms looking to scale up or broaden their geographical footprint to gain a competitive advantage. Whilst the commerciality of a deal will naturally be the main focus for senior stakeholders within the business, it is important to consider the implications for the firm from a professional indemnity perspective.

At Willis, we have decades of experience to draw upon, working with our clients to navigate the complexities and pitfalls of entering into a merger or acquisition. We advise our clients about the potential impact on their premium, the type of due diligence insurers would expect them to undertake, and the information they need to provide to allow underwriters to assess the additional exposure the firm is taking on.

One key takeaway when considering any M&A is to start the dialogue with your broker early to ensure the process runs smoothly, and there are no last minute surprises that may cause the deal to hit the buffers. If this is of relevance to your firm, please do feel free to contact me.

Professional indemnity insurance for law firms contacts

Jon Angell
Head of Legal Services - PI FINEX
email Email phone +44 20 3124 6535
Dr. Joanne Cracknell
Director, Legal Services
email Email phone +44 117 976 9376
Jonathan Burt
Associate Director - PI FINEX Legal Services
email Email phone +44 207 558 9234
Jack Lowndes
Associate Director - PI FINEX Legal Services
email Email phone +44 20 3124 7797
Babbar Abbas
Senior Associate - PI FINEX Legal Services
email Email phone +44 20 3124 6035
Lindsay Woolrych
Associate Director, Claims Advocate, FINEX Global
email Email phone +44 161 833 7214
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