Two out of three partners believe the recession will present attractive opportunities to secure opportunistic mergers, suggesting that the UK market could be set for a run of consolidation. The latest Big Question survey found that 68% of partners believe the downturn will present attractive opportunities to secure domestic mergers. A further 28% thought there may be such deals, leaving only 4% claiming such unions were unlikely.
June 25, 2009 at 04:43 AM
1 minute read
The original version of this story was published on Legalweek
Two-thirds of partners expect the UK market to see more law firm tie-ups, as weaker practices eye up takeover opportunities and larger firms seek to expand their business. Emma Sadowski reports
Two out of three partners believe the recession will present attractive opportunities to secure opportunistic mergers, suggesting that the UK market could be set for a run of consolidation.
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