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Global: Majority of merger discussions fail, says study

By  |  February 19, 2014

A new study conducted by accountancy firm Smith & Williamson found that the majority of merger discussions, 56 percent, end in failure.

Reports say the research looked at more than 100 law firms from around the globe, suggesting that companies see mergers as a financial strategy.

S&W head of professional practices Giles Murphy explored the results of the study, suggesting that “firms need to plan properly how they’re going to develop their business” instead of seeing a merger as a plan of its own.

According to the research, four out of every ten firms completed recent merger deals, and half of those took more than six months in merger discussions.

Full Content: The Lawyer

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