Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Jacoby & Meyers Builds Platform in the U.K. for a Global Build-Out
  • USA - English


News provided by

USLegal, Inc.

Aug 08, 2013, 09:25 ET

Share this article

Share toX

Share this article

Share toX


London (PRWEB) August 08, 2013 -- Jacoby & Meyers, LLC, the largest full service consumer law firm in the U.S., today announced plans to expand internationally with the establishment of a new joint venture based in the United Kingdom. With this move based in the U.K., Jacoby & Meyers, LLC (J&M) has positioned itself to become the world’s largest privately-owned, full-service consumer legal group.

With this move based in the U.K., Jacoby & Meyers, LLC (J&M) has positioned itself to become the world’s largest privately-owned, full-service consumer legal group.

Post this

The new joint venture is formed as Jacoby & Meyers Europe Limited, which will be owned by Jacoby & Meyers, LLC in a joint venture with an affiliate of London-based private equity and corporate law firm MJ Hudson. MJ Hudson is led by Matthew Hudson, who formerly ran two other large U.S. law firms in Europe, and is a leading pioneer of new legal business models. Jacoby & Meyers and MJ Hudson are both private equity investing in the new joint venture company to seek acquisitions for Jacoby & Meyers Europe (J&M) within the U.K. and across Europe, which, in turn, will lead to the expansion of J&M’s global consumer offering. In due course, Jacoby &Meyers Europe is likely to seek Alternative Business Structure (ABS) status in the U.K., which allows law firms to attract external non-lawyer equity ownership and funding. Jacoby & Meyers Europe has a number of U.K. and European consumer law acquisition targets.

Chase Givens, the J&M management committee member responsible for European mergers and acquisitions, said that, "Matthew Hudson is the most knowledgeable attorney in Europe regarding the changing legal landscape and Alternative Business Structures under the new U.K. Legal Services Act. Matthew is the perfect mergers and acquisitions specialist to serve as the chief architect for J&M's European and global expansion."

Matthew Hudson calls the Jacoby & Meyers expansion “a major disruption to the U.S. legal profession’s status quo, as Jacoby & Meyers takes the lead in the U.S. adapting to worldwide changes and innovations in the legal industry. Using the European new platform and the new U.K. laws on external ownership, the JV’s intention is to power Jacoby & Meyers as the U.S. leading consumer law brand to be a global leader. That growth, in turn, will provide consumers with greater choice, access and transparency.”

Other examples of recent Jacoby &Meyers’ expansion include an acquisition/merger with Macey Bankruptcy Law, P.C., the largest consumer bankruptcy firm in the U.S. Jacoby & Meyers also acquired for use the consumer legal forms library and domain “LegalForms.com”, from USLegal Forms, Inc., the largest, oldest and most acclaimed online source for downloadable legal forms. Jacoby & Meyers now offers more than 86,000 state-specific legal forms to U.S. consumers.

In 2012, the U.K. Parliament ratified the Legal Services Act, which allows law firms to acquire investment from outside, non-lawyer sources. Under this new law, the Solicitors Regulation Authority in the U.K. began accepting ABS applications January, 2012. As an ABS, a law firm with non-lawyer owners provides regulated legal services to clients. Until now, law firms could only be owned by lawyers. To help bring about the change needed in the U.S. to allow outside investors, Jacoby & Meyers filed lawsuits in New York, New Jersey and Connecticut challenging rules that prohibit investments from non-lawyers. Although a federal judge in New York dismissed the lawsuit there, saying the court lacks the jurisdiction to hear the case, the action on appeal to the Second Circuit Court of Appeals was reversed by the court, and the case was remanded back to district court for further proceedings and amendments, thus keeping the action alive to bring about change in the U.S. to allow non-lawyer investment in law firms.

While the 50 U.S. states currently ban outside investments, Washington, D.C. firms have been allowed to have non-lawyer investors for more than two decades. Now U.K. and Australian law firms are allowed to solicit non-lawyer investors to fund their growth. Slater & Gordon Ltd. became the first law firm to be listed and traded publicly on the Australian Stock Exchange, and has moved into the U.K. legal market through its purchase of the U.K. law firm Russell Jones & Walker.

Matthew Hudson stated, “With the introduction of the U.K. new ownership regulations for law firms, the U.K. has stolen a competitive march from the other key global legal jurisdictions, including the U.S. Jacoby & Meyers is lobbying for similar external ownership changes in the U.S.; without those changes the practice of law in the U.S. is in danger of falling behind the rest of the world.”

“With ABS, traditional law firms will be able to compete for funding with U.S. web-based, client lead generating companies as well as legal forms companies. These types of companies offer limited legal services and products, but are allowed to have outside investors because they are not considered law firms,” Hudson stated.

With external investment, Jacoby & Meyers would be able to expand its services in communities where working-class, ‘blue-collar’ and immigrant families reside. “This is all about giving the public, especially lower and middle income clients, access to affordable, quality legal representation,” said Len Jacoby, founding partner of Jacoby & Meyers. “Our ability to raise the capital necessary to serve the public is severely restricted in the U.S. by an outdated Rule of Professional Conduct. Now a significant part of our growth strategy will be based in London," Jacoby commented. Jacoby & Meyers will also continue its U.S. expansion privately as the law firm has done for decades.

About Jacoby & Meyers: Jacoby & Meyers, recognized as a pioneer of consumer legal services reform, is America's largest full-service consumer law firm, helping clients and families obtain assistance in the U.S. legal system. It is Jacoby & Meyers' goal to make lawyers and the legal system more accessible and affordable for every American. Since its inception in 1972, Jacoby & Meyers has grown to become the largest, best known and one of the most innovative law firms in the U.S. with over 130 offices and attorneys available to practice in all 50 U.S. states. For more information on the Jacoby & Meyers law firm, go to http://www.jacobymeyers.com.

Contact: Robin Rainer
robin.rainer(at)jacobymeyers(dot)com
Phone: 334.944.2507

Robin Rainer, USLegal, Inc., (334) 944-2507, [email protected]

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.