Partners wary of expected US/UK mergers
Senior lawyers are expecting more mergers between US and UK law firms in the wake of the creation of Hogan Lovells and SNR Denton, but many remain sceptical of the tangible benefits of such tie-ups, according to Legal Week's latest Big Question survey. Ninety-two percent of respondents to the survey felt that the two recent high-profile deals are likely to lead to an upturn in merger activity between large US and UK practices, including 13% who said such tie-ups are 'much more likely'.
Senior lawyers are expecting a slew of transatlantic tie-ups following Hogan Lovells and SNR Denton but remain unconvinced of the benefits. Friederike Heine reports
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