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Travers Smith sees PEP soar by 24 per cent at end of strong 2011-12

I'm not so sure. Mishcon is more niche than Travers, so might survive independently more easily, if clients are indeed leaning towards specialist expertise. I'm less convinced of Travers' identity, and it's not a niche firm, unlike Ince & Co, but it must have a strong reputation. If it can maintain this and offer better value for clients tham MC firms, then there are plenty of other firms who will beat it to the merger table.

16-Jul-2012

3:56 pm