Consolidation watch: serial acquirer Shakespeares targets City practice through Davenport Lyons merger

It may not have attracted as much attention as DWF this year but Midlands challenger firm Shakespeares shows no sign of easing up on an acquisitive streak that has seen it pick-up a handful of firms since 2007. This time it is looking to establish a credible London presence through a merger with 80-lawyer West End firm Davenport Lyons.

As reported on RollonFriday today (16 December), the two firms are currently in discussions with a view to a tie-up.Both firms reverted to the standard approach of refusing comment on what they described as ‘speculation’ while at the same time not denying that discussions were taking place. Part of a statement released by Davenport Lyons said: ‘Davenport Lyons has always been open to exploring all opportunities including potential merger and acquisition activity. We continue to do so but we cannot comment further on any details of any conversations at this stage.’

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