PEABODY ― The North Shore law firm Stelman Law in Danvers finalized its merger with the city’s Standard Title & Escrow, PLLC, and will move into the 100 Corporate Place office.
Founder of Stelman Law Jeff Stelman is bringing three employees with him through this merger, which was finalized on Oct. 25, bringing a total of 25 employees to Standard Title & Escrow since it was founded in April of 2019.
Founder and managing partner at Standard Title & Escrow Jim Richards said that the acquisition of Stelman Law brings them to the next level as a firm.
“Their name recognition, market share, and Jeff’s decades of experience as an innovative educator for buyers and sellers give us great pride and confidence that this merger is exactly the step we need to continue to grow Standard,” Richards said. “And as we expand, Jeff’s proven managerial skills and the combination of our talented support staff will be assets to the growing team and our clients alike.”
Stelman said this merger provides them with a platform to elevate their “clients-first service model” to new heights.
“Standard, in just a couple short years, has demonstrated an exceptionally keen business acumen resulting in significant, yet responsible, growth and strong business-partner relationships,” Stelman said. “Post merger, we share high expectations, founded on our mutual firm values, for Standard to continue on an accelerating growth trajectory that will benefit our clients and business partners. I look forward to being challenged by my new partners, and to challenging them to take our ‘clients first’ model to new boundaries.”
Standard Title & Escrow is headquartered in Peabody, but has offices in Boston, Lynn, St. Petersburg, Florida, and Phoenix, Arizona and offers services in Massachusetts, Maine, New Hampshire, Rhode Island, Connecticut, Florida, and Arizona.
The merger creates an opportunity for both firms to refer an expanding client base to Standard’s in-house estate-planning and commercial real-estate departments.
Both Standard Title & Escrow and Stelman Law said they have a shared commitment of delivering an unparalleled client experience ― combined with the economic benefit derived from merging the two firms ― that will provide the post-merger firm with greater resources to provide effective representation and personal services to clients at a reasonable cost.
Standard Title & Escrow’s goal is to provide accessible, accurate, and timely real estate closing services to clients, real-estate agent partners and mortgage-lending partners.
Standard’s attorneys help clients through every step of the closing process, from negotiating purchase and sale agreements, providing title review and title insurance services, to reviewing final closing documents and final recording and disbursement services.
Stelman founded Stelman Law in 2011, where he focused on small real-estate conveyancing firms on the North Shore.
For more information, visit Standard Title & Escrow l Real Estate & Closing l Greater Boston, or follow on social media at www.facebook.com/standardclosing and on Instagram at www.instagram.com/standard.title.
