News earlier this year of merger talks between UK disputes specialists Stewarts Law and Enyo Law took many rivals by surprise.
The proposed tie-up would have created a litigation-only firm with combined revenues of more than GBP 80m. While the talks were ultimately unsuccessful, the mere suggestion of a bigger player in the market has prompted wider debate about litigation boutiques and size – how big is too big?
One such rival, Signature Litigation, has more than doubled its turnover since its launch in 2012, growing from GBP 4.8m for its first financial year in operation to GBP 10.2m for 2015-16.
Founding partner Graham Huntley says: “We are building a really strong constitution in a reliable, secure way, which makes it possible for us to grow bigger than traditional boutique firms. What we want is steady annual increases of about 20% or so in revenue, rather than uncontrolled growth.”...