In November 2015, discussions were rife between Addleshaw Goddard and Maclay Murray & Spens (MMS) concerning a potential merger. However, it is now understood that these talks have broken down with the firms deciding to not further discussions. MMS is a top UK commercial law and one of the Big Four Scottish firms; it has remained independent throughout its 100 years of service, while many of its competitors have merged with larger UK firms.
Should the merger have taken place, it would have created a firm with a turnover of £236m and three new offices in Aberdeen, Edinburgh and Glasgow, which are three locations that Addleshaw is yet to venture. A spokesperson for MMS said, “MMS keeps in touch with other firms on an ongoing basis and sometimes such discussions encompass the possibility of collaboration of some kind…I can confirm that we’re not in any such ongoing discussions with any firm at the moment.” MMS intends to continue its growth strategy through lateral hires and acquisitions or mergers.
Fellow Scottish firm McGrigors merged with Pinsent Masons back in 2012, swallowing the McGrigors brand and creating a firm with a revenue of £282.5m, forming the twelfth largest firm in the UK by turnover. Dundas & Wilson followed a similar route, merging with CMS Camron McKenna in 2013, boosting turnover to £277m.