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Andy Raynor: My priorities at new top-50 UK law firm Shakespeare Martineau

Shakespeare Martineau, which is being created from nine mergers in nine years, is 'ready to compete with any firm', CEO Andy Raynor tells Manju Manglani

1 June 2015

Shakespeares and SGH Martineau have agreed to merge on 15 June 2015, creating a new top-50 UK law firm called Shakespeare Martineau.

The deal constitutes Shakespeares' eighth merger in the past nine years. With SGH Martineau formed from the merger of Sprecher Grier Halberstam and Martineau in 2011, the new firm will have nine mergers in nine years under its belt.

"It's the largest merger we have done and we knew from day one that there was a lot to learn from our merger partner," Andy Raynor, CEO of Shakespeares, told Managing Partner.

This includes "the depth and experience they have in sectors and the way they approach the marketplace, which would have taken us some time to do by ourselves".

In 2013/14, Shakespeares' revenues rose 10 per cent year-on-year to £50m, while Martineau's dropped 3.7 per cent to £27.5m. The newly-merged firm is expected to have revenues of £75m...

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