Insurance law firm Keoghs has confirmed it is keen to speak with potential investors as an option to grow its business.

The Bolton-based firm is considering whether to explore any further offers from private equity sources to take advantage of the opening of the legal market.

The Legal Services Act will allow firms to refashion themselves as alternative business structures in the new year. Personal injury firm Irwin Mitchell has already confirmed it is seeking external investment, with several more expected to announce acquisitions and investments in the coming months.

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