If all goes to plan, the merger will deliver to the legal market a bumper baby named Charles Russell Speechlys , a new entity with a turnover of around £126m and a berth among the UK’s top 30 firms.
Speechlys, which still has last year’s failed merger talks with Withers fresh in its memory, appears to have taken a tentative approach to the deal. The firm has reportedly held regular partner meetings to ensure that no deal-breakers have emerged, and that everyone is still on board for the potentially game-changing tie-up.
Later today, it’s likely to be unveiled whether partners have rubber-stamped the merger. If so, Charles Russell Speechlys will become another member of the mid-market tie-ups, alongside the likes of Wragge Lawrence Graham and Blake Morgan.
It’s a growing club.
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- Macfarlanes has extended its CV-blind policy to its training contracts, becoming the third firm after Mayer Brown and Clifford Chance to select trainees using the method