Legal Business

Consolidation is the word of the day across Scotland’s firms

The Scottish market is awash with merger rumours. Perhaps the imminent tie-up between McGrigors and Pinsent Masons has kick-started the recent developments but Scottish managing partners now have consolidation high up the agenda.

The marriage between McGrigors and Pinsents, which is expected to go live in May, will create a national heavyweight with combined revenues of roughly £282m and over 1,500 lawyers, pushing the new venture comfortably into the top 15 of the LB100.