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.
Weightmans will moot the possibility of a merger at its next partner meeting, which takes place in November.
The Liverpool-based firm’s turnover grew by 4 per cent this year to £52m, but managing partner Paddy Gaul has stated that the firm should target 8 per cent growth this year.
Strategic areas for expansion may include healthcare and insurance. Gaul said that all options, including a merger, would be considered. However, he emphasised that personally he would view any tie-up with ”caution”.
“Mergers can’t be ruled out, but I’m very cautious about it,” he said. “Quite a few of the results that were not very good [last year] were put down to mergers. It involves dealing with a lot of new people, people who might want to leave and with finance and technology. And it would be my job [to manage it].”