Ridouts LLP move to PLC
Ridouts Professional Services PLC
Leading Health and Social Care Solicitors Unveils New Era with Groundbreaking Move from Limited Liability Partnership to Public Limited Company
Health and social care solicitors Ridouts have taken the monumental step of moving from a Limited Liability Partnership (LLP) to a Public Limited Company (PLC).
Incorporation into a PLC in the legal sector offers an alternative business structure authorised by the Solicitors Regulatory Authority (SRA) and enables firms to appoint non-solicitor shareholders. Ridouts are one of a small number of law firms to now have a PLC status and the only health and social care specialists in the UK to have made this move.
Since becoming a PLC, Ridouts has changed its official name to Ridouts Professional Services PLC and will soon to be relocating to prestigious new premises of over 4,000 square feet in the heart of Marylebone, London. Shareholders and directors remain unchanged – Paul Ridout, Valerie Ridout, Neil Grant and Caroline Barker.
Most importantly of all making the bold transition from a LLP to a PLC enables Ridouts to improve its multi-disciplinary service to clients, allowing the practice to meet various health and social care regulatory needs. A new team of highly experienced health and social care consultants has been established following the appointment of Claire Ferrari, Duncan Howells, Bhavna Keane-Rao, Gerry Kennedy, Julie King and Anne Smith enabling Ridouts to offer clients an unrivalled suite of advice all under the one roof.
Paul Ridout, Managing Director at Ridouts Professional Services PLC, said:
“I am very excited about this announcement, this is a historic moment of change for the practice, moving from a traditional law partnership, to a cross discipline professional services business.
“This move will be great for Ridouts clients and staff alike and provides a platform for development and the achieving of very ambitious growth targets.
To mark incorporation into to a PLC, Ridouts has also launched a brand new website which was designed by Ridouts partners Dunk Design Ltd.
• For more information please visit Ridouts website http://www.ridout-law.com/ or call 020 7317 0340.