Around 25% of firms in the UK top 40 are considering a tie-up with a non-legal practice within the next two years, according to research by accounting and consultancy firm Smith & Williamson. Of the 21 top 40 firms that responded, nine said they were considering a combination, of which three described such a move as 'likely', with accountancy firms the most attractive potential partners. Six top 40 firms also confirmed they are considering taking external investment, with five of these looking for private equity funding.
February 21, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Around 25% of firms in the UK top 40 are considering a tie-up with a non-legal practice within the next two years, according to research by accounting and consultancy firm Smith & Williamson.
Of the 21 top 40 firms that responded, nine said they were considering a combination, of which three described such a move as ‘likely’, with accountancy firms the most attractive potential partners.
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