One in three law firm managers expects to be involved in a merger or acquisition during the next year, according to joint research published by accountancy firm BDO and legal consultancy Jomati.
The survey, which canvassed the opinions of management at 55 U.K. and international firms, reveals that two-thirds of law firms have been involved in some form of merger or acquisition talks during the past 12 months, with 82 percent of those questioned stating that consolidation will be the greatest force for change in the legal sector in the coming years.
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