Introduction
Ashurst has agreed to merge with US firm Perkins Coie, creating a global law firm. Ashurst gains the US presence it has been missing for years, while Perkins Coie becomes a genuine global player. This is one of the most significant UK–US law firm combinations in recent memory.
What’s Going On?
Ashurst and Perkins Coie have announced a full merger, creating a top-20 global firm by revenue.
Here’s what the combined platform looks like:
- $2.7bn in revenue.
- 50+ offices across the US, UK, Europe and Asia.
- Joint leadership from both firms.
- Coverage across tech, finance, energy, disputes, infrastructure and regulatory work.
This is not an alliance. It’s a complete structural merger with unified governance, systems and client strategy.
Who’s Who? (Explained Simply)
Ashurst: Global Corporate & Finance Strength
A major international firm based in London.
Strong in finance, energy, real estate, infrastructure, disputes and cross-border deals.
Its long-standing weakness: no meaningful US footprint.
Perkins Coie: US Tech & Innovation Powerhouse (Now in London too)
A leading US firm based in Seattle with deep roots in technology, venture capital, startups and IP litigation.
Recently opened in London (2024), but lacked full international scale.
Why They Fit
- Ashurst gets instant US credibility.
- Perkins Coie gains a real global platform.
- Clients get one integrated team across Europe, the US and Asia.
How Legal Teams Get Involved
A merger this large operates like a multi-jurisdictional transaction.
Corporate & Governance Teams
- Structure the merger.
- Coordinate partner votes.
- Design the new governance framework.
Regulatory & Competition Lawyers
- Handle antitrust and compliance filings.
- Align US/UK regulatory requirements.
Conflicts & Risk Teams
- Run extensive conflict checks.
- Map overlapping client relationships.
- Manage mandatory exits where needed.
Employment & Integration Lawyers
- Unify global policies.
- Align partner compensation.
- Manage relocations and team movements.
Behind the scenes, this is one of the most complex operational projects a law firm can undertake.
BPB Insight: Why This Matters for Aspiring Lawyers
The key takeaway is straightforward - this merger levels up both firms. Ashurst moves closer to being a full-service global heavyweight. Perkins Coie steps onto the world stage with real international presence. Together, their $2.7bn revenue puts them in competitive range with Magic Circle firms and changes how both are perceived in the market.
For students, this matters because:
- The firms you apply to won’t look the same in 12–24 months.
- Bigger platforms mean bigger deals and more varied seats.
- The best opportunities increasingly sit with firms that are scaling fast.
If you understand why firms merge, you understand where the best work, training and long-term prospects are heading.