Simpson & Marwick completes amicable de-merger from Clyde & Co
Residential property, conveyancing and estate agency firm Simpson & Marwick is going out on its own following a mutual and amicable de-merger from law firm Clyde & Co.
Known as an upmarket residential property specialist, the 26-strong team of Simpson & Marwick will move into dedicated new offices and will continue to focus on the buoyant property markets in Edinburgh and East Lothian.
Tracing its roots back to 1886, the residential property division was a niche area of the legal practice when Simpson & Marwick as a whole merged with and changed its name to Clyde & Co in 2015.
Since then the thriving merged firm has focused on the growth of its core specialisms of dispute resolution, professional liability, insurance, commercial property, healthcare and employment law. Clyde & Co will no longer include residential property as part of its offering in Scotland.
Richard Loudon, partner and a highly respected practitioner in the sector, steps up to chairman after 41 years with the firm and intends to continue for a good few more years.
He said: “We move with the full support of Clyde & Co as the services we offer are not part of their global core areas of expertise. The time is right, for both Clyde & Co and ourselves, to de-merge our residential property division.
“I am delighted that we can continue to protect the legacy of the Simpson & Marwick brand established in 1886. We will take it forward into a new era, unlike so many well established and respected Edinburgh law firms that have disappeared in recent years.”
As well as Richard Loudon’s continuing leadership, the firm will be spearheaded by the existing team of solicitor director Bobby Fife and by property directors Louisa Raistrick, Katie Macdonald and Di Jennings, who offer decades of combined legal and estate agency experience. Two high profile lateral hires will be announced shortly.
Simpson & Marwick will become part of the Aberdeins Group, with its founder, Rob Aberdein, joining as managing partner.
Bobby Fife said: “This is an exciting move for our entire team. The new firm will be traditional in terms of a relentless focus on client service, while also making use of cutting-edge technology.”
Louisa Raistrick added: “We will be developing and using digital solutions which will significantly enhance our clients’ experience when instructing legal or estate agency services. ‘Simpson & Marwick 2.0’ will blend the best of the last 134 years with technology and innovation that will see us prosper and grow over the next 134+ years.”
Katie Macdonald gave the firm’s loyal client base reassurance stating: “Existing clients will be unaffected by the move, it will be business as usual.”
Di Jennings from North Berwick added: “Our experienced teams in East Lothian and Edinburgh are enthused by the exciting opportunities this offers to grow the brand and our offerings to clients.”
Vikki Melville, managing partner Clyde & Co Scotland, said: “We thank the residential property team for all their hard work and service to the firm over the years and we wish them all the very best in their new home. We are proud that the Simpson & Marwick name will live on.”
Clyde & Co’s commercial real estate team in Scotland is unaffected by the move.
Simpson & Marwick’s Edinburgh team will be moving to a new office in the city’s West End while its East Lothian office will remain at 88 High Street, North Berwick.