UK financial services firm Frenkel Topping has created a joint venture with Serious Injury Law.
The deal will see the company’s IFA arm and the law firm set up a 50-50 JV with the trading name Serious Law Investments, which will provide both legal and financial advice to clients involved in litigation after serious injury.
This is the ninth joint venture for Frenkel Topping which has been expanding in the personal injury and clinical negligence space via its ‘Working in Partnership’ programme.
Serious Injury Law partners Matthew Dixon and Ben Priestley will become directors of the JV alongside Frenkel Topping’s chief operating officer, Mark Holt, and chief financial officer, Elaine Cullen-Grant.
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Mark Holt, chief operating officer of Frenkel Topping Group, said in a London Stock Exchange announcement: “I have known and worked closely with Matthew, Ben, Tim and the team at Serious Injury Law for many years and have the utmost respect for their depth of expertise and their deserved reputation for excellence and integrity in dealing with some of the UK’s largest and most complex serious injury cases.
“Our ‘Working in Partnership’ programme is designed to create alliances between Frenkel Topping and fellow businesses in the personal injury and clinical negligence space who share the same ethos and a mutual drive to achieve the right outcomes in litigation and beyond settlement. Our partnership with Serious Injury Law is another fantastic example of how complementary joint ventures work to the client’s benefit.”
Richard Fraser, chief executive of Frenkel Topping, said: “As part of our strategy to grow our core business, Frenkel Topping, we are formalising our relationships with high calibre firms, like Serious Injury Law, who share our client-first mentality. Joint ventures like this one expand our network of new business referrers and demonstrate our commitment to innovate and enhance our services, ultimately supporting our objective to increase shareholder value.”
Most recently, Frenkel Topping set up a JV with CFG Law in July 2022 and acquired Cardinal Management in January 2022.
