The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
CMS Cameron McKenna and Addleshaw Booth & Co have emerged as the UK firms Theodore Goddard has been advised to target for a merger.
Both firms are on a shortlist of suitable merger partners for Theodore Goddard, drawn up by its consultants Hildebrandt.
Lawyer 2B also understands that a Theodore Goddard management group including senior partner Paddy Grafton Green and banking partner James Ballingall have recently returned from a marketing trip to the US to look for merger partners there.
A source close to the firm said the group has been targeting New York-based firms with similar profitability to Theodore Goddard, which last year announced average profits per equity partner of 350,000.
Last month, the firm hired a crack squad of private investigators to snoop on partners who may be leaking details of the embattled firm's potential merger targets. Partners are due to be told who any likely merger candidates are at the end of this month.