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.
It is fair to say that the market has been a hive of merger activity over the past 12 to 18 months. Since the latter half of 2011 there have been 17 mergers, bolt-ons or tie-ups announced in the UK. Some, like the union between Clyde & Co and Barlow Lyde & Gilbert, shook the market. Others, like the merger of Wedlake Bell and Cumberland Ellis, caused only a ripple, but still combined to create an arresting trend.
On the back of this wave of consolidation, The Lawyer has produced a handy guide detailing who has got together with whom and analysing the prospects for success for each merger. For anyone unclear about what constitutes a successful merger, former Dell Computers CEO Kevin Rollins summed it up nicely, saying: “It would have to be that the companies are stronger financially, that they took market share, and they are on a very steady footing in terms of their performance.”