Speechly Bircham is planning to merge with Charles Russell to create a new firm with combined revenues of £125.9 million.
Upon the completion of deal, the combined firm will consist of about 176 partners.
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The merger will add a Middle Eastern contingent to Speechly’s current raft of five offices in London, Paris, Luxembourg, Geneva and Zurich.
Additionally, the merger will strengthen its three core practice areas while providing a platform for the firms’ shared ambitions for growth in the UK and internationally.
In addition to international offerings in Geneva, Manama and Doha, Charles Russell has three offices in the UK, in the City, Cheltenham and Guildford.
According to both the firms’ joint statement, "Both are well-established firms with complementary practice areas in the commercial, real estate and private wealth arenas."
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By GlobalData"We are now consulting with our partners and other key stakeholders. No further announcement will be made by either firm until those consultations are complete."
