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“Don’t merge to make costs savings”, says head of newly merged City firm
Wednesday, 28 January 2015Law firms should not view mergers as a way of making costs savings, James Carter, managing partner of Charles Russell Speechlys, has warned. “Economies of scale will at best pay for the costs of merging over the next one or two years.”
Tags: City firms, costs savings, fees, law firm mergers
Posted in Latest news
Blog
17 July 2026
Judging proportionate risk requires confidence. Do law firms have it?
As of 30 June 2026, the money laundering regulations have been updated again, this time to make the regime more proportionate and addressing unnecessary over-compliance.
16 July 2026
Is clients’ use of AI destroying legal privilege?
Much has been written about the risks of lawyers misusing AI. However, in my view, the greater challenge lies elsewhere: the routine use of AI by clients themselves.
14 July 2026
Does the Lloyd review mark the end of the Legal Services Act?
The Legal Services Board often generates eye-rolls and irritation from the leaders of the frontline regulators it oversees and of the representative bodies attached to them.
