The new department will provide clients with specialist legal guidance to prevent interest on bridging loans accruing more than is necessary.
The decision follows a 40% increase in demand for CG&Co’s property receivership services over the part year, which resulted in it more frequently working with costly external lawyers.
The property receivership specialist has appointed insolvency and restructuring lawyer Amy Crighton (pictured above) as its first in-house solicitor.
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“After meeting with the partners, I realised that this newly created role would be exceptionally rewarding, both professionally and personally given the diversity of the work that’s undertaken here,” said Amy.
“Building CG&Co’s in-house legal team from scratch is undoubtedly going to be a challenge, but I know that it will ensure we can provide clients with the right service at the best price.”
Daniel Richardson, partner at CG&Co, added: “With the volume of property appointments handled by CG&Co constantly increasing, having an in-house legal team means that we’re able to provide a comprehensive service that’s totally responsive.”
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