Smith & Williamson: 30% of the UK’s top 40 law firms may join forces with a non-legal practice in next two years. Two firms from the UK’s top 40 law firms say it is ‘likely’ that they will join forces with a non-legal practice in the next two years. These two firms also say they are ‘likely’ to seek external finance in the next five years and consider a public listing as ‘possible’. One firm may look to raise as much as £50million.
Full story: http://www.smith.williamson.co.uk/news/4940-30-of-the-uk-s-top-40-law-firms-may-join-forces-with-a-non-legal-practice-in-next-two-years