Speechly, of course, is no stranger to merger talks. It’s less than a year since the firm called off its discussions with Withers after the duo decided the move was not in either firm’s best interests.
Maybe this time around things will be different. For Speechly, Charles Russell offers the tantalising prospect of a Middle Eastern presence, to tap up the wealth reserves in the region. For Charles Russell, Speechly has a larger European footprint after its recent launches in Luxembourg and Zurich, Geneva, and most recently Paris.
Although Europe has had its problems over the last few years, the region remains one of the key markets for law firms. Last night The Lawyer hosted its fifth European Awards, which celebrate the achievements of independent firms across the continent.
Over 250 people congregated in London for the ceremony, representing firms of many different sizes – but all with quality, innovation and a desire to succeed driving them. Russia’s Egorov Puginsky Afanasiev & Partners was named European Law Firm of the Year. The International Firm of the Year prize also went to Russia, with Berwin Leighton Paisner’s Moscow office Goltsblat BLP triumphing.
Maybe, if Charles Russell and Speechly pull off their merger, the combined firm will be a future winner of that prize? They can but dream…
Also on The Lawyer:
- Clifford Chance dealmaker and partner Guy Norman is on the verge of being named new corporate chief following an uncontested election – but what does the continued loss of private equity partnersmean for the firm?
- King & Wood Mallesons SJ Berwin has also had its issues with its private equity grouprecently, particularly at associate level
- And US results continue to roll in, with Latham & Watkins and Shearman & Sterling both reporting increases in turnover and profit for 2013