Leading provider of conveyancing services
Simplify was a newly branded legal services group comprising of Move with Us, DC Law, and Chorus Law with a combined turnover of approx. £60 million. Move with Us was the UK’s largest conveyancing panel management company. DC Law was a fast-growing conveyancing law firm instructions and Chorus Law was the UK’s largest probate service provider.
Simplify operates in the UK consumer legal services market which is estimated to generate more than £10 billion in fees for law firms but is highly fragmented with over 10,000 law firms competing. The UK legal services industry is facing unprecedented challenges as consumers increasingly expect greater choice and control, while regulatory changes are putting pressure on sub-scale providers. Against this backdrop, Palamon believes that value will accrue to players who have the scale to operate efficiently while meeting the evolving customer expectations. The 2007 Legal Services Act (“LSA”), October 2011, permitted legal services to be offered by non-lawyer owned entities which led to the development of scaled players and a more concentrated market structure. As the UK’s largest consumer legal service provider, Simplify has an opportunity to increase market share both organically and through M&A.
Simplify is the UK’s leading provider of conveyancing legal services, larger than the next five players combined, processing more than 130,000 conveyancing cases per year.