UK Legal Market Breaks Annual Firm Merger Record

Law360, New York (January 2, 2014, 1:50 PM EST) -- The world’s second largest legal market last year broke the firm merger record for the second year running, with the hot tie-up environment expected to continue through 2014, a London-based consultant firm announced Thursday.

Last year, the United Kingdom saw 28 announced deals that involved at least one top 100 U.K.-based firm or that would create a new top 100 firm if completed, according to research by Jomati Consultants LLP.

The figure broke the previous record of 26 U.K. tie-ups, set in 2012, as U.S. firms...
To view the full article, register now.