In light of the recent changes to the UK Legal Services Act which permits non-lawyers to have ownership interests in law firms, Quindell Portfolio will be purchasing Pinto Potts Law firm.
Quindell Portfolio a software and outsourcing business is set to pay $14 million pounds or close to $22.5 million USD for Pinto Potts Law firm which specializes in personal injury claims.
This is the second law firm that Quindell Portfolio has acquired. In January, Quindell Portfolio announced the plan to purchase Silverback Rymer. In a recent press release, Quindell Portfolio has stated that the goal is provide a joint outsourcing to offering to the UK insurance claims market.
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