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19 July 2007 / Mark Hubbard
Issue: 7282 / Categories: Features , Profession
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Merger talks

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 and Maitland Chambers then formed on mergers—and in Hogarth and

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MOVERS & SHAKERS

Gateley Legal—Jack Kelly

Gateley Legal—Jack Kelly

Gateley Legal expands Midlands residential development team

Gibson Dunn—Richard Surtees

Gibson Dunn—Richard Surtees

Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees

Laytons ETL—Alec Cameron

Laytons ETL—Alec Cameron

Laytons ETL appoints new partner and head of intellectual property disputes

NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
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Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
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