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Bexley Beaumont has bolstered its Restructuring and Insolvency Team by recruiting two senior lawyers.
The announcement that the firm has appointed Chris Ali and Estelle Oates as Corporate Restructuring and Insolvency partners comes as official data shows a rise in the number of corporate insolvencies.
The arrival of Mr Ali and Ms Oates, based in Manchester and Leeds respectively, means that Bexley Beaumont's Restructuring and Insolvency Team has expanded by one-third within the last twelve months.
It is also part of an expansion of its key service areas which has seen the firm top an influential growth ranking for the second year in a row.
A study by Codex Edge, a specialist legal market research company, found that Bexley Beaumont's partner ranks across all its service areas has grown by 60 per cent during 2024.
Bexley Beaumont's co-founder and Chief Executive, Karen Bexley, said that the two latest appointments demonstrated her firm's commitment to focus on hiring experienced, talented lawyers.
"Even though their roots are very firmly in the north, both Chris and Estelle have extensive experience of working with clients right across the country.
"Our ability to attract ambitious lawyers with impeccable professional pedigrees is down to Bexley Beaumont's unique operating model and our ability to help them develop their practices.
"One of the key ingredients is our providing them with a higher standard of support than they might find elsewhere in order to grow those practices and deliver exceptional service to clients."
Ms Bexley's comments follow the publication of new data by the Insolvency Service showing that there were 1,966 company insolvencies in November - 13 per cent higher than the previous month.
Over the last two decades, both Mr Ali and Ms Oates have advised insolvency practitioners, creditors, directors, accountants, debtors and financial institutions on a full range of contentious and non-contentious corporate and personal matters.
With a background in commercial and residential property law, Mr Ali also specialises in advising insolvency practitioners on complex real estate issues arising from insolvent estates.
During 2024, Bexley Beaumont appointed 15 partners following a surge in interest from across the legal industry.
Its success in the latest Codex ranking follows similar analysis by the same researchers last year which discovered that the Bexley Beaumont partner numbers had grown by 27 per cent in 2023 while many of its competitors had struggled to attract talent.
Bexley Beaumont's achievements have also seen it claim a succession of important legal industry awards - most recently, the Law Firm of the Year Award at the Modern Law Awards in March.
