Hitting the target
Pushing through any merger between two law firms is hard enough, but when transatlantic mergers are undertaken the problems are increased tenfold, due mostly to a lack of foresight by management, says Peter Scott
Successful mergers do not just happen overnight – they need to be supported by, as a minimum, a good business case, compatible ‘cultures’ and vision and leadership by those managing the merging firms. Above all, they have to be worked at, because implementation of the vision can often be make or break for a merger.
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