Unsolicited telephone calls misusing our name - We do not nuisance cold call -
Have a question? Call us on 0800 1979 345
This article was published on July 2nd, 2015
Thorneycroft Solicitors has been granted an alternative business structure (ABS) licence by the Solicitors Regulation Authority as part of a major restructuring of its operations.
The firm’s newly-formed parent company, TS Group Limited (TSG), is made up of six businesses, including insurance claims management business Bankstone, in which TSG now has a majority stake.
In addition to Thorneycroft Solicitors, the Group wholly owns: full-service accident management company, Claimcare; car hire business United Assistance; and specialist PI brands Claimant Law and Cycle Assist.
In a further change, Thorneycroft has welcomed Sue Carnwell, to its board. With over 15 years’ experience, she was most recently Finance and Commercial Director for legal, consultancy and training company Bibby Consulting Limited, where she oversaw the sale of the company to Citation Holdings.
The ABS licence is effective from today, and was secured with advice from the specialist Compli team at Weightmans.
Managing Director Rachel Stow says the flexibility ABS status provides is a natural development for the firm that is best known as a motorcycle injury specialist: “As a law firm we’ve always had one eye on the future and so weren’t caught off guard by the seismic changes in the legal services market.
“Our strategy to form strong strategic partnerships and acquire other complementary businesses has enabled us to continually innovate and grow. We are proud to have created a sustainable and diverse legal business, along with a far better service offering.”
This strategy has paid dividends, with the private client and business departments now accounting for more than 10% of turnover following a concentrated period of growth over the last two years. The areas of practice include conveyancing, family, lasting powers of attorney, wills and probate, and employment services for both businesses and individuals.
The firm’s PI operation has also been restructured into teams covering new business, portal claims (supported by a Thorneycroft app that aids communication with clients), non-portal claims, large loss claims and clinical negligence.
Thorneycroft Solicitors also plans to launch a non-legal services offering, harnessing the broad range of expertise available within the wider group.
Rachel says: “Continuous innovation is a big driver for me; as a result we have plans to launch a range of non-legal services later this year. I am hugely excited about taking TS Group to even greater success over the coming years.”
The business is owned by Rachel Stow, who has spearheaded the firm’s growth and diversification, along with a further seven group directors, and is on track to reach £15m turnover this financial year.
The group has also unveiled new branding which Ms Stow says is a nod to its Macclesfield roots: “Even though we’re a national business, our ethos remains deeply rooted in Macclesfield. We’ve sought to demonstrate this with the group mulberry tree logo, representing not only the solid foundations that our business is built on but also recognising Macclesfield’s heritage as one of the world’s biggest silk producers.”
This website privacy notice sets out how Thorneycroft Solicitors uses and protects any information that you give Thorneycroft Solicitors when you use this website.
Thorneycroft Solicitors is committed to ensuring that your privacy is protected. Should we ask you to provide certain information by which you can be identified when using this website, then you can be assured that it will only be used in accordance with this privacy statement.
Thorneycroft Solicitors may change this policy from time to time by updating this page. You should check this page from time to time to ensure that you are happy with any changes. This policy is effective from 01/05/2018.
What we collect
We may collect the following information:
We will collect the information directly from you via completion of our enquiry form on the website.
What we do with the information we gather
We require this information to understand your needs and provide you with a better service, and in particular for the following reasons:
We will also collect and process your personal data if you have consented to receiving marketing in respect of our services. You are able to unsubscribe or withdraw your consent at any time by emailing [email protected] or writing to ‘Marketing’ at Thorneycroft Solicitors, 9a Bridge Street Mills, Bridge Street, Macclesfield, Cheshire SK11 6QA.
We are committed to ensuring that your information is secure. In order to prevent unauthorised access or disclosure, we have put in place suitable physical, electronic and managerial procedures to safeguard and secure the information we collect online.
If you do not instruct us in relation to your legal matter, your personal details will be retained for a period of 12 months.
If we are instructed in relation to your legal matter, we will keep it in line with our data retention periods. Details of our retention period for your legal matter can be found within our Client Care Letter and/or Terms of Business, under the heading file retention.
Links to other websites
Our website may contain links to other websites of interest. However, once you have used these links to leave our site, you should note that we do not have any control over that other website. Therefore, we cannot be responsible for the protection and privacy of any information which you provide whilst visiting such sites and such sites are not governed by this privacy statement. You should exercise caution and look at the privacy statement applicable to the website in question.
You can set preferences for how Google advertises to you using the Google Ad Preferences page, and if you want to you can opt out of interest-based advertising entirely by cookie settings or permanently using a browser plugin.×