By Tom Fish (August 8, 2022, 00:02 BST) – The number of UK law firm mergers is set to rise further this year after slipping to 99 in 2021 from 107 the previous year, according to research released Monday by Chartered Accountants Hazlewoods LLP.
Hazlewoods said it was tracking a pick-up in merger activity among law firms, with a focus on practices focused on mergers and acquisitions and residential property.
Mergers between small and medium-sized businesses will increase in coming years as the increase in the amount of work caused by the COVID-19 pandemic declines, driving down profitability, the accounting firm said. The end of this race…
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