Legal Economics

Market Moves

Ashurst Perkins Coie Completes Combination, Closing Out a Wave of Transatlantic Mergers

Ashurst and Perkins Coie finalized their merger effective June 29, forming Ashurst Perkins Coie, a firm spanning 52 offices in 20 countries with over 950 partners and 3,500 client-facing practitioners. The combination is one of several large cross-border deals — alongside Winston Taylor and the imminent Hogan Lovells Cadwalader tie-up — that closed or are closing around mid-2026, reflecting what C

BY FRONTIER DESK · JULY 2, 2026 · 1 MIN READ

Ashurst and Perkins Coie finalized their merger effective June 29, forming Ashurst Perkins Coie, a firm spanning 52 offices in 20 countries with over 950 partners and 3,500 client-facing practitioners. The combination is one of several large cross-border deals — alongside Winston Taylor and the imminent Hogan Lovells Cadwalader tie-up — that closed or are closing around mid-2026, reflecting what Citi's law firm advisory group has described as a structural consolidation trend driven by rising technology and talent costs colliding with only modest overall demand growth. For firm leaders and CFOs, the wave signals that scale is increasingly viewed as a prerequisite for absorbing AI investment and compensation inflation rather than a discretionary growth strategy, and that further consolidation — via merger or aggressive lateral acquisition — should be expected through the second half of 2026.

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