As of January 1 2023, Taylor Vinters and Mishcon de Reya LLP are now one firm, having completed their merger.
First announced in September 2021, the merger delivers on both firms’ strategies to support the innovation economy and accelerate their growing share of the technology, media and life-sciences legal and consultancy services market in the UK and in key international innovation hubs globally.
In its 10 year vision, Mishcon de Reya LLP outlined its ambition to become technologically transformed as well as to be a disruptive innovator in legal and consultancy services. Over the past 5 years it has launched MDR LAB and invested in a number of legaltech start-ups, created the M:Tech programme for early-stage tech companies, launched the Innovation department, launched legal technology consultancy MDRxTech and invested heavily in a data science capability that is being applied throughout the business especially in dispute resolution, client management and pricing.
The Taylor Vinters business has also been on a fast growth trajectory: in the past 3 years its revenue has grown by over 40%. In 2021 it completed more than 170 venture funding rounds with the core of the business driven by a client base of venture backed and established corporates representing the breadth of the innovation economy from Oxbridge spin outs to global tech companies.
Mishcon de Reya will continue to invest and work in the key UK innovation hubs of Oxford, Cambridge and London, including under the Taylor Vinters’ brand when advising early stage clients and the organisations and ecosystems that support them across three core areas: funding and financing, commercialising tech, and intellectual property.
Kevin Gold, Executive Chairperson of Mishcon de Reya LLP, said: “This exciting move sees us become one of the largest law firms serving the ecosystem of the innovation economy.
In the next three years, we aim to cement this position and be recognised as the leading law firm for innovators across technology, media and life sciences.
We believe we are well positioned to achieve this, not only due to the breadth and depth of our combined expertise, but the compatibility of our commitment to our clients, our shared values and culture.”
Ed Turner, Managing Partner of Taylor Vinters said “This is a momentous day for both Taylor Vinters and Mishcon de Reya LLP. From our first conversations to now, it has been clear to us all that the complementary nature of our expertise and values-led approach to growth provide a compelling proposition for us and the clients we serve.”
Matt Meyer, CEO of Taylor Vinters commented: “This merger enables us to accelerate our strategy and help more innovators and entrepreneurs shape a better world. It means we are able to invest and develop our core capabilities, retain and attract talent and innovate in our service delivery for clients. It’s a very exciting day.”