The advent of non-lawyer ownership of law firms is widely predicted to lead to an increase in merger activity due to consolidation in the legal market.
We have been at the forefront of advising on mergers, both national and international. This has included umbrella structures in cross border mergers.
Firms are also combining in looser associations than a full merger, to achieve the same end and we have helped groups of firms to set up and operate such arrangements. We have acted on a number of sales and purchases in the professional practice sector, including buying and selling the underlying business or the LLP.