As the covid-19 crisis starts to ease, weaker firms, for the last 18 months propped up by government funding, emerge as targets ripe for takeovers.

Well run, financially stable firms, on the other hand, are in a good position to take advantage of acquisitions opportunities in what is a buoyant legal services market.

The availability of cash and low interest rates is already fuelling a M&A boom and in recent months we have seen a flurry of activity from publicly listed firms such as Knights PLC (with revenue increase by over £100m in 10 years), and smaller acquisitions from regional players like Yorkshire firm Switalskis (with two acquisitions in six months).

Amid this wave, it’s worth asking whether merg...

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