The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Merger talks between Bailey Shaw & Gillet and Wedlake Bell have broken down.
The two medium-sized London firms had confirmed they were in talks last November.
Now, in a joint statement, Mark Hodgkinson, the Baileys partner in charge of negotiating the merger, and Bob Salter, managing partner at Wedlake Bell, have announced a halt to the talks. "Both firms identified matters that needed to be resolved before talks could continue," they said.
Neither party has ruled out the possibility of a resumption of talks. But Bob Salter said: "We are not in merger discussions with anybody, there is no need for us to be."
The announcement coincides with the decision of Laurence Kingswood, a partner with Baileys for 18 years, to leave the firm to join niche practice Bracher Rawlins, founded in April 1994 by two ex-Baileys partners. "It is much more exciting to be at a smaller firm and nice to be back in control," he said. "There were a number of decisions made at Baileys that I did not agree with."
He gave notice in September 1996 after the firm had gone through a number of changes including the closure of its matrimonial department.