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As part of the pre-launch due diligence into the M&A market within the legal sector, Millbourn Ross have conducted informal research calls with more than 70 managing partners/CEOs and other c-suite operational leaders covering a wide range of law firms with revenue of £1m to £800m.
The following insights come from the conversations conducted with law firms and have been reinforced with the perspectives of industry leading suppliers and advisors, including banks, chartered accountants, management consultants and corporate financiers.
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