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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.
Birmingham Chambers 3 Fountain Court has unanimously rejected a merger offer from its neighbour 4 Fountain Court.
The move is the latest stage of a frantic round of merger offers and talks at the Birmingham Bar which has already led to one merger announcement that of Priory Chambers and 7 Fountain Court.
Head of chambers at 36-tenant 3 Fountain Court, Colman Treacy QC, confirmed an "unspecified" set made an approach about a month ago, which had been turned down after a chambers meeting on 18 March.
He said: "We see no advantage in size for the sake of it. We can provide a better service for solicitors in the Midlands from well-focused, specialised teams. We're 36-strong at present and aim to increase into the mid-40s, but with gradual and strategic growth."
It is understood that 4 Fountain Court, which has 33 tenants, made the offer after it had itself turned down an offer from Priory Chambers at 2 Fountain Court.
As revealed in The Lawyer, 17 March, Priory Chambers subsequently entered into detailed merger negotiations with 7 Fountain Court to create a super-set with more than 70 tenants.
4 Fountain Court is said to be looking around for a new partner with 1 Fountain Court at the head of the list.
No one was available for comment at 4 Fountain Court and the senior clerk at 1 Fountain Court declined to comment on any merger speculation.
One clerk in Birmingham described the atmosphere at the Bar as "like 10 minutes to closing time in a nightclub. Everyone is desperate to find a partner no matter how suitable they might be."