Menzies LLP has announced that it is to leave Praxity and join HLB International. Menzies has been handling an increasing amount of international business, and has been looking to further develop this side of its business.

The opportunity to become a member of HLB International arose following the collapse of Vantis and ties in well with Menzies' own growth plans, particularly in relation to advising clients on cross-jurisdictional matters such as transfer pricing and international tax.

Mike Sands, Senior Partner at Menzies, said: "Having been an active member of MRI and subsequently Praxity for the last ten years, we have built some excellent personal relationships with other member firms. However, given our growth plans, we believe that membership of HLB International presents a significant opportunity to further extend the international work that we do."

- ends -