McGrigors and Pinsent Masons are preparing the ground for a potential merger in a deal that would make the combined firm the 12th largest in the UK by turnover.
The firms today confirmed that they are holding merger talks, with partners due to vote on the deal by February.
In a joint statement to The Lawyer, the firms said: “We can confirm that Pinsent Masons and McGrigors have been in discussions about ways in which both firms can work together to look at how we can bring a wide range of legal services to our respective clients, as well as improve their delivery.
.“Both firms complement each other well, being leaders in the field of construction, energy and infrastructure. A potential tie-up would greatly benefit the clients of both firms, providing a wealth of market-leading expertise across a number of sectors and practice areas.
“It would also provide a strong platform upon which to grow internationally, with a continued focus in Europe, the Gulf and Asia Pacific.