Scotland

Edinburgh
3

Maclays posts positive turnover results to £43.3m after seven-year slide

Scottish-headquartered firm Maclay Murray & Spens saw turnover hit £43.3m in the 2013/14 financial year, a rise of 7 per cent on the previous year. This represents something of a turnaround for the firm, which suffered a 13 per cent drop in turnover in 2012/13 from £46.9m to £40.9m. That said, turnover at the firm […]

Edinburgh
1

Dundas and CMS partners agree two-year lock-in as merger terms take shape

Dundas & Wilson and CMS Cameron McKenna partners have agreed a two-year partner lock-in period as a condition of their proposed £277m merger this year, The Lawyer understands. The lock-in was agreed as part of a “high-level” package put together by the firms’ management, which guaranteed co-managing partner Caryn Penley a seat on CMS’ 15-strong […]

Dundas
2

What next for Dundas and CMS?

CMS Cameron McKenna and Dundas & Wilson partners have said yes to a £277m-tie-up that will go live in May 2014. Here Kate Beioley looks at what the future holds for the combined entity. Christmas can be a lonely time and finding the perfect partner to settle down to long winter evenings with is no […]

CMS takes Dundas after “fastest vote in history”

If the legal market had its own Guinness Book of Records, tiny donkeys and dogs on ropes tight would be replaced with speedy takeover votes and the greatest-ever number of merger chats. Sadly it only exists in our anorak heads, but it looks like partners at CMS Cameron McKenna and Dundas & Wilson are fishing […]

Philip Rodney
1

Scotland’s Burness rockets up UK 200 with Aberdeen merger

Scottish firms Burness and Paull & Williamsons are set to merge, creating a £37.6m firm. The merger will go live on 1 December following a unanimous vote in favour of the combination by partners last Friday (5 October). The new firm will be called Burness Paull & Williamsons and will have turnover of around £37.6m […]

McGrigors merger pushes Pinsents’ turnover to £295m for 2011-12

Pinsent Masons saw its turnover increase by 4 per cent on a like-for-like basis in the 2011-12 financial year with that figure jumping to almost 39 per cent when turnover from merger partner McGrigors is added in. Turnover for Pinsents alone was £221m, according to unaudited results, up from £212.7 in 2010-11. McGrigors, which operated […]

3

Equity not guaranteed for McGrigors partners post-merger

Close to a third of McGrigors’ equity partners will be forced to prove themselves to regain their equity status when the firm merges with Pinsent Masons. According to a source close to the firms, around 20 equity partners at McGrigors will become transitional partners at the merged firm, meaning they will have more points than […]

3

McGrigors and Pinsents vote in favour of merger

McGrigors and Pinsent Masons have agreed to merge following a partner vote that closed on Friday, 3 February. The combined firm will operate as Pinsent Masons, as first reported in The Lawyer on 2 February. The £282m firm will have over 2,500 staff, including 1,500 lawyers, across offices in the UK, Asia and the Middle […]

Richard Masters
19

Revealed: McGrigors and Pinsent Masons moot £282m merger  

McGrigors and Pinsent Masons are preparing the ground for a potential merger in a deal that would make the combined firm the 12th largest in the UK by turnover. The firms today confirmed that they are holding merger talks, with partners due to vote on the deal by February. In a joint statement to The […]