In the age of the anodyne corporate law firm, you can at least say a marriage of Berwin Leighton Paisner (BLP) and Greenberg Traurig would be a distinct beast. If the talks are successful, it would be the first major international deal built on the foundation of real estate.
Continue reading “Comment: Merging BLP and Greenberg Traurig – unique, compelling, bloody difficult”
In the largest New Law merger to date, the UK’s biggest freelance lawyer service Lawyers On Demand (LOD) has sealed a deal with Australia’s AdventBalance to create a £25m business.
Revenue at LOD rose by 42% in the 2014/15 financial year to hit £12.3m and, with the merger doubling turnover, the deal is set to catapult LOD into the UK’s 100 largest legal services businesses, pulling in more than established law firms such as Harbottle & Lewis and Boodle Hatfield, less than a decade since its launch.
In the largest New Law merger to date, the UK’s biggest freelance lawyer service Lawyers On Demand (LOD) has sealed a deal with Australia’s AdventBalance to create a £25m business.
As the combination between Wragge Lawrence Graham and Gowling Lafleur Henderson to create a £400m practice has gone live today (22 February) the firm already wants to deliver a new tie-up by 2018, and is targeting Germany and east Asia.
Continue reading “Germany and east Asia next targets as Gowling WLG merger made official”
As City firm Berwin Leighton Paisner (BLP) closes in on its landmark transatlantic merger with Miami giant Greenberg Traurig, the firms have targeted full financial integration.
Merger talks between Addleshaw Goddard and Maclay Murray & Spens to create a national practice with combined revenues of around £230m have been called off.
Continue reading “End of the affair: Addleshaws Scottish takeover called off”
Berwin Leighton Paisner (BLP) is hunting for an ambitious union with a major US practice, with the City real estate leader currently in discussions with Greenberg Traurig. According to three separate sources, the talks between BLP and Greenberg have been taking place over the past three months as the London firm looks to secure a US merger.
DLA Piper has agreed a combination with 30-lawyer Finnish law firm Peltonen LMR as it expands its Nordic footprint.
Continue reading “DLA Piper expands Nordic footprint with Finnish tie-up”
In a move that demonstrates consolidation is still very much on trend for national law firms, Irwin Mitchell’s continuation of its aggressive expansion policy by merging with the south-east based Thomas Eggar this month has garnered a mixed reaction from the market.
Continue reading “Market reaction: jury still out on Irwin Mitchell’s £40m takeover of Thomas Eggar”
Eversheds will continue to search for a US deal after the firm’s top target, Milwaukee-based Foley & Lardner, ended merger discussions last month via a leaked internal memo.
In the memo, Foley chair and chief executive Jay Rothman said that while there had been preliminary conversations around exploring a more formal affiliation between the two firms, ‘no decision was ever made by Foley to pursue such an affiliation’.
