Melbourne mid-tier to merge with boutique firm
Melbourne-based mid-tier firm Cornwall Stodart is set to merge with boutique commercial entity Riordans Lawyers, who will operate under the Cornwall banner from next month.
Riordans will officially be part of Cornwalls from 1 July 2018 onwards.
The merger will see Cornwalls add three partners and two senior associates to its ranks, adding to its mergers and acquisitions, corporate advisory, revenue law and superannuation capacities.
Cornwall Stodart executive director Michelle McLean said the merger with Riordans was an “ideal fit”.
“Riordans is a small, talented commercial firm with mid-market expertise and accredited specialists,” she said.
“We saw great synergies between our firms.”
Riordans managing partner Tony Riordan said the merger was a “timely and strategic” move for his firm.
“Significant shifts are now taking place for the provision of commercial legal services in the mid-market space and we believe Cornwall Stodart is perfectly placed to take advantage of them,” he said.
“We also see this as an important step in providing our clients with the benefit of a broader scope of commercial legal services than we can presently offer them.”
“We are excited about moving forward as part of the Cornwall Stodart team,” he concluded.