FN London

Financial News

News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Legal Services

America thirst: Brit lawyers hunt for mergers to tap into booming US market

City legal firms have long wanted a share of the world’s largest fee pool, but Trump’s win has made an American tie-up look even more appealing

By James Booth

and

Edin Imsirovic
The power of US capital is driving UK law firms to boost their presence across the Atlantic
The power of US capital is driving UK law firms to boost their presence across the Atlantic Photo: Peter Crowther

Even before Donald Trump’s presidential election victory earlier this month, London legal firms were looking for a way to gain a foothold in the US. 

The importance of the US legal market has increased over the past decade thanks to the country’s booming economy and the success overseas of Kirkland & Ellis, Latham & Watkins and other US law firms.

WSJ Logo
Bank of England Keeps Rates Steady After Fed Move

Bank of England Keeps Rates Steady After Fed Move

Activist Investor Widens Call for Review of Rio Tinto’s Dual-Listing

Musk Draws First Blood With Spending Bill Bombshell

How the White House Functioned With a Diminished Biden in Charge

European Indexes Fall on Slower U.S. Rate Cut Projections