Field Fisher has offices in London, Brussels, Duesseldorf, Hamburg, Manchester, Munich, Paris and a recently launched base in Palo Alto, while Osborne Clarke, which also has a Silicon Valley office, has a presence in Bristol, London and Reading, as well as offices across Germany, Italy and Spain.
Following the end of discussions with LG, Field Fisher has taken steps to reorganize its business, overhauling its sector groups in August, with the firm no longer listing public sector work among its core areas of focus and cutting back its sectors from 11 to five.
In a statement, Osborne Clarke said: "We're committed to an expansion plan, so we always evaluate opportunities as they arise. Any potential merger partner would have to be a great cultural and strategic fit with OC.
"We don't comment on any talks until they're at an appropriate stage."