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Home / News / Legal sector anticipates more mergers

Legal sector anticipates more mergers

Tue, 02 Feb 2010 | MERGER

More than three-quarters of law firms predict that there will be an increase in mergers over the coming year.

The accountancy and financial services group, Smith and Williamson, surveyed 121 companies, including 59 from the UK's Legal Top 100.

Over three in four of the firms said that, in the last year, they've been approached by another company to talk about a possible merger or acquisition.

The survey also showed that the main reason practices are interested in consolidation is to grow their client bases.


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