When two law firms choose to combine, the rationale is often transparent. Transatlantic “mega mergers” create a one-stop shop for large global clients. Boutique mergers, on the other hand, signal a growing focus on a particular practice area or client base. In this way, mergers are often telling events. More often than not, they reveal what the two firms’ shared strategy is and where they believe they can best compete.
The recently revealed merger talks between UK-based Eversheds and Atlanta-based Sutherland, on the other hand, create more questions than answers. Eversheds has long sought a US merger partner. A combination with Sutherland certainly ticks that box. What Eversheds intends more broadly in the US, however, remains unclear.
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