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Wednesday, 17th April 2024
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Merger driven by staffing needs Back  
The merger of Ryan Glennon and Baker Tilly will give the new firm an advantage in staff retention, according to Aidan Byrne, tax partner at Baker Tilly Ryan Glennon. 'We have always had a strong reputation as a training firm and we saw the merger affording us the opportunity of retaining staff, in that there would be much more career choices available to them which would allow them fulfill their ambitions within our firm. We also saw it as a way of attracting staff in an increasingly competitive recruitment environment,' he said.

Based on the FINANCE Accountancy Survey 2006, the merged firm would have placed in the top ten, just ousting IFAC Accountants. For 2007, the firm has a projected fee income for 2007 of €12 million in the Republic with the total projected all-island fee income for this year in the region of €15 million. The new firm has 160 staff and a total of 12 partners.

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