Taylor Walton LLP partner with NatWest for future growth


Taylor Walton LLP partner with NatWest for future growth

One of the South East's fastest growing law firms - Taylor Walton LLP - who have offices in Luton, Harpenden and St Albans, has agreed a new banking partnership with NatWest as it seeks to continue the growth of the firm.

Taylor Walton provides cost effective legal services to both businesses and individuals. In 2009 and 2010 it was voted UK Corporate Law Firm of the Year by Acquisition Finance magazine. Currently with 25 partners, Taylor Walton serves a client base across the South East region and further afield and has several very well known national businesses as clients. One of its key attributes is the ability to provide a City level service without City level costs, due to its strategic position close to, but not in London. The firm has key strengths in commercial real estate, corporate transactions, employment and dispute resolution. Its private client team is very well regarded within the wealth management community.

The firm which is driven both by its partners and talented young solicitors, many recruited from City law firms, is keen to grow further. This new banking partnership will provide Taylor Walton with a strong funding base and operational services to meet the demands of today’s legal services firms. As part of the partnership, NatWest will provide the firm with systems for greater management of their third party deposits and payments procedures.

Speaking about the new banking partnership, Taylor Walton’s managing partner, Dermot Carey said: "There is an awful lot of change presently happening in the legal services market and as a firm you have to adapt to make the most of the opportunities available. We have a clear vision of where we want to go and we are searching for business partners that understand and share our vision. We knew the local team at NatWest well, having worked for mutual clients and we were particularly attracted by their locality to us. It is very important to have our bank manager close, so we can react quickly to opportunities. Our strategy of providing a City quality service but without City fees is working well and will continue to underpin our approach. We are excited about our future, and we are happy to have the support of NatWest behind us on this journey."

Bimla Assra, senior relationship manager, commercial banking at NatWest in Luton added: "Taylor Walton is very well respected and has a strong track record of growth. It operates in a very competitive market, and our role as banking partner is to provide financial and operational support to ensure they can meet the ambitions they have for the future."

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