In China the proposed merger of Jun He and Zhong Lun is being described as a deal that “has never been done before”. Indeed, previous mergers between Chinese firms occur mostly among mid-tier firms, such as the deal between Shanghai-based Boss & Young and JoinWay earlier this year (21 January 2014). Another main form of […]
Last week’s union with Scottish insurance outfit HBM Sayers was Berrymans Lace Mawer’s (BLM) first merger since 1997 (17 March 2014). Is this the start of a new acquisitive era for the firm? While other insurance firms kicked into expansion mode as soon as the Jackson reforms were announced back in 2010, BLM has taken […]
CMS Cameron McKenna and Dundas & Wilson have put 60 jobs at risk following their planned merger in five week’s time. Dundas & Wilson has put 40 of its support roles under consultation and CMS Cameron McKenna could lose 20, including from its third-party suppliers Integreon, Initial and Xerox. The two firms agreed to merge […]
Having invested £17m on expansion and added £44.9m to the firm’s top line in doing so, DWF managing partner Andrew Leaitherland is now focused on recovering the firm’s profitability through successful integration. At the moment DWF’s profit margin is barely above the 11 per cent it was in 2008, when it was turning over £66m. […]
Blake Lapthorn is set to merge with Morgan Cole on 1 July 2014 to create a firm with a combined turnover of £72m. The merged firm will be named Blake Morgan. It is to be led by Blake Lapthorn managing partner Walter Cha, who has overseen four mergers at his firm since 2001. Blake Lapthorn […]
Atlanta and Washington DC-based US firm Sutherland Asbill & Brennan is entering the UK market through a merger with London commodities boutique Arbis. The combination of Sutherland and Arbis will go live today (Tuesday) as the US firm becomes the latest practice to target the energy and commodities market. Arbis will rebrand as Arbis Sutherland […]
Berrymans Lace Mawer (BLM) and Scotland’s HBM Sayers are to merge on 1 May to form a £100m risk and insurance firm. The merger will give BLM its first presence in Scotland with the addition of HBM’s offices in Glasgow and Edinburgh. The Scottish firm also has a small office in London which will now […]
Dundas & Wilson has promised nine partners guaranteed remuneration of £280,000 ahead of its proposed merger with CMS Cameron McKenna, the Lawyer understands. In a tactical move to protect the firm’s relationships with key clients, Dundas has offered senior partners secured profit shares in line with the current top of equity, which stands at £278,000, […]
HowardKennedyFsi (HKFsi) has called off merger talks with Davenport Lyons, making it the second firm to turn its back on the media boutique in less than a month. Davenport Lyons, which has not responded to requests for comment, has been urgently looking for a merger partner. The West End firm approached HKFsi days after its negotiations […]
HowardKennedyFSI (HKFsi) is in merger talks with London firm CKFT as management pushes ahead with plans to tie-up with Davenport Lyons. A decision to merge with West End firm Davenport Lyons, which approached HKFsi days after its negotiations with Shakespeares were called off (30 January 2014), is expected to be made within the next six-weeks. However HKFsi […]
Davenport Lyons and Howard Kennedy FSI are in top level discussions about a potential merger. The West End media boutique approached Howard Kennedy FSI (HKFsi) days after its negotiations with Shakespeares were called off at the end of January (30 January 2014). HKFsi confirmed the move. A spokesperson said: “We have been approached and are […]
Shakespeares has expanded again through two bolt-on acquisitions as it continues in its bid to be a £50m mid-tier heavyweight by 2014. The firm has confirmed the addition of Leicester-based Marrons, first mooted in May (31 May 2013) while also tying up with Coventry-based Newsome Vaughan. Marrons is intended to boost Shakespeares’ planning and property […]