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There’s ‘Heightened’ Interest In U.S. And U.K. Biglaw Mergers – Above the Law



Ed.
note
:
Welcome
to
our
daily
feature,

Quote
of
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.


There
have
been
a
number
of
direct
outreach
inquiries
from
U.K.
to
U.S.
firms.
While
that’s
not
necessarily
anything
new,
per
se,
we
have
seen
a
heightened
level
for
that
in
the
last
year.




Kristin
Stark,
a
consultant
with
Fairfax
Associates,
in
comments
given
to
the

American
Lawyer

on
the
likelihood
of
more
cross-border
combinations
being
completed
in
the
near
term
in
the
wake
of
the

A&O
Shearman
merger
,
which
joined
U.K.
firm
Allen
&
Overy
and
U.S.
firm
Shearman
&
Sterling.
Kent
Zimmermann,
a
consultant
with
Zeughauser
Group,
said,
“There
are
Magic
Circle
and
Silver
Circle
firms
that
very
much
have
this
option
on
the
table,
and
for
the
right
opportunity
and
on
the
right
terms,
are
ready
to
pull
the
trigger.”
Zimmerman
added
that
his
company
is
“advising”
some
of
those
firms,
and
that
they’re
“talking
to
each
other.”



Staci ZaretskyStaci
Zaretsky
 is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to

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with
any
tips,
questions,
comments,
or
critiques.
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