Consolidation is the word of the day across Scotland’s firms

The Scottish market is awash with merger rumours. Perhaps the imminent tie-up between McGrigors and Pinsent Masons has kick-started the recent developments but Scottish managing partners now have consolidation high up the agenda. The marriage between McGrigors and Pinsents, which is expected to go live in May, will create a national heavyweight with combined revenues …

LLP filings show increase in net debt at leading UK firms

Debt levels at the top UK firms by revenue have increased to £185m compared to £138m last year. Data taken from top UK firms’ annual LLP filings at Companies House reveals that Simmons & Simmons, Addleshaw Goddard, Bird & Bird and Herbert Smith are the most indebted of the leading firms. Herbert Smith saw its …

DLA Piper plans ‘relationship building’ technology push in London

DLA Piper has revealed plans to open a second London office this year, concentrating on the burgeoning technology startup community. Simon Levine, the firm’s IP and technology global co-chair, said plans were to open ‘before the summer’, with the office likely to be located in the Tech City area of East London, near the Old …

UK listing for Russell Jones & Walker not immediate priority

Neil Kinsella, Russell Jones & Walker (RJW)’s chief executive, is non-committal on the possibility of a UK listing for his firm, should its recently announced acquisition by listed Australian firm Slater & Gordon (S&G) complete. S&G, the world’s first listed law firm, is set to buy UK personal injury firm RJW for £53.8m later this …