Legal Business

Eversheds inches closer to US tie-up as Foley & Lardner emerges as front runner

Eversheds is moving closer to its much sought-after US merger, with Foley & Lardner identified as the primary candidate for a deal.

After a vote last June in which the Eversheds partnership heavily backed a US tie-up the firm’s executive, which includes chair Paul Smith and chief executive Bryan Hughes, have narrowed discussions down to two law firms. Milwaukee-based Global 100 firm Foley & Lardner, with revenues this financial  year of $665m, has emerged as a leading candidate.