Should U.S. law firms with London offices look to merge with a U.K. firm as the way to grow? Increasingly, the folks on the ground say that’s the way to go. According to Legal Week’s annual survey of U.S. firms in London, 47 percent would be willing to talk merger, up from 39 percent last year and 29 percent the year before.
The top U.S.-U.K. merger discussions this year would put together New York’s Chadbourne & Parke with London’s Watson Farley & Williams. (No deal done yet.) Other American firms open to offers, says Legal Week, include Dewey Ballantine, Morrison & Foerster, and Paul Hastings Janofsky & Walker.