• Home »
  • Global view »
  • Addleshaw Goddard mulls US tie-up with Hunton & Williams

Addleshaw Goddard mulls US tie-up with Hunton & Williams


By Kathryn Higgins

25 May 2016 at 09:09 BST


The London firm has reportedly been in merger talks with Virginia-based Hunton & Williams for the last nine months.

kzenon

According to reports in Legal Week, Addleshaw Goddard managing partner John Joyce was due to update the firm’s partnership on the status of talks with Hunton & Williams yesterday evening after reportedly travelling to the US to hold talks with the Virginia-based firm. If successful, a merger between the two would result in a 1,300-strong practice with combined revenues around £554m. Hunter & Williams currently has 696 lawyers across 19 offices in the US, Europe and Asia, according to the AmLaw 100. While Addleshaw’s own revenue was up 12 per cent to £193m in the last financial year, Hunton & Williams comparatively larger revenue of $528m was down 7 per cent from fiscal-2015.

No comment as yet

News of Addleshaw’s latest talks with Hunton & Williams comes hot on the heels of the firm’s failed merger talks with Scotland-based outfit Maclay Murray & Spens. Though talks between the two firms collapsed in February, a Maclay-Addleshaw merger would have resulted a firm with combined revenues around £230m. A statement from Addleshaw has maintained that the firm has ‘nothing to say’ about its talks with Hunton & Williams, though it has previously made it clear that it aims to clock £250m in fee revenue by fiscal-2018.

Sources: Legal Week; Legal Business

 
   
 
 
 

Also read...

Giant carmakers fall foul of EU antitrust investigation

European Commission investigating carmakers in alleged collusion to keep certain emissions technologies out of passenger cars in Europe.