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Merger talks

19 July 2007 / Mark Hubbard
Issue: 7282 / Categories: Features , Profession
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A successful merger provides the funds and stability for expansion. But there are risks, says Mark Hubbard

Looking around Lincoln’s Inn it is easy to see that, where there were once many small barristers’ chambers—traditionally a silk or two, half a dozen juniors and a clerk being the norm—there are now fewer, bigger sets. Following Charles Purle QC’s transfiguration into Judge Purle QC on 21 June 2007, mine has 42 barristers, six of them silks, five clerks and as many support staff.

increased mergers

Although the rise in the size of chancery sets is partly the result of a steady stream of arrivals from the other side of Fleet Street, where, after crime stopped paying, bags have become less mixed, the big sets of today are almost all the result of mergers.

Ours took place in 2000, when sets of roughly equal size at 1 New Square and 12 New Square joined forces to form New Square Chambers. Serle Court Chambers and 1 Hare Court merged the same year to form Serle Court. Landmark, Hogarth

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MOVERS & SHAKERS

Carey Olsen—Kim Paiva

Carey Olsen—Kim Paiva

Group partner joins Guernsey banking and finance practice

Morgan Lewis—Kat Gibson

Morgan Lewis—Kat Gibson

London labour and employment team announces partner hire

Foot Anstey McKees—Chris Milligan & Michael Kelly

Foot Anstey McKees—Chris Milligan & Michael Kelly

Double partner appointment marks Belfast expansion

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