Following months of discussions it has been agreed that the structural differences of Ashfords and Boyes Turner are currently too far apart to work at this time. Ashfords has seen strong financial growth in recent years and the merger process has served to highlight its strength as an independent.
Garry Mackay, CEO at Ashfords said: “We have seen 76% growth over the last 6 years and are currently having a strong year with initial indications from all departments that there is significant growth potential for next year. We have a number of initiatives and investments that we will continue to focus on as we look to further innovate and develop services and product lines that support clients beyond their normal periodic transactional legal needs. I would like to take this opportunity to wish Boyes Turner every success. It is a great firm with great people and I have no doubt it will continue its success.”