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Is small beautiful?

Shirley McIntosh considers M&A activity in the Scottish legal market

14 June 2012

The last nine months has seen a surge in merger and acquisition activity in the Scottish legal market. The profession, both north and south of the border, is going through a period of unprecedented change and this, combined with the continuation of the worst recession in living memory, is encouraging more and more practices to seek out strategic alliances.

Running behind

Alternative business structures (ABS) are now a reality in England and will soon also become reality in Scotland. The Legal Services (Scotland) Act 2010 is some three years behind its English counterpart and allows for up to 49 per cent ownership of Scottish legal practices by non-lawyers.


It took four years for the English version of this enabling legislation to reach fruition after enactment and there seems to be no rush either to implement the legislation north of...

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