Two Scottish law firms are believed to be in merger talks for a potential combination that would be the sixth-largest by revenue in Scotland.
MacRoberts and Morton Fraser each have revenues of about £19 million, giving any enlarged firm turnover of some £38m. Both firms declined to confirm or deny the merger talks.
Chris Harte, chief executive of Edinburgh-based Morton Fraser, which also has a Glasgow office, said it regularly has “exploratory discussions with third parties around a wide range of potential opportunities. We don’t, however, comment on speculation regarding any such conversations which may take place from time to time”.
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A spokesman for MacRoberts, which is led by managing partner John Macmillan and has offices in Edinburgh, Dundee and Glasgow said: “At any point we are in conversation with a number of individuals and firms and it would be inappropriate to make any comment on the existence or otherwise of any such conversations.”