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“Mergers: Should we? Can we?” – Littleton Annual LLP Seminar 19th November 2014

Our Annual Partnership and LLP Seminar on 19th November “Mergers:
Should we? Can we?”
at Law
Society Hall saw the Common Room packed for a discussion covering both
strategic and legal issues affecting law firms operating as LLPs.

Sir Nigel Knowles as the Key Note
Speaker addressed the current market segmentation affecting all types of law
firms and examined the market pressures affecting the global elite, the global
business law firms, the local elite and local and regional law firms. With his
personal experience of effecting regional, national and global mergers, Sir
Nigel spoke about how to bring about a successful merger and stressed the
importance of not only having well-developed ideas for entering into a merger but
also, crucially, on implementing strategy through the concept of strategy and
execution cycles.

David Reade QC delivered some
highly original thinking on the possible application of TUPE to LLP members’
agreements as well as analysing the differences between LLPs and partnerships
in merger situations. Suzanne McKie QC discussed the problems surrounding the
concept of repudiatory breach in partnerships and LLPs and considered the
thorny challenges relating to the removal of members from LLPs. Suzanne also
expressed some inventive views on the particular issues facing senior In-House
lawyers who want to move their employment.

For further information about
Littleton’s LLP and Partnership Group, please contact either Suzanne McKie QC
at or our Commercial Director, Nigel McEwen at or on 020 7797 8600

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