Last year a cluster of law firms focused their attention on Bristol and Cardiff. Is the southwest and Wales now viewed as one region by clients, or does regional loyalty still count? Ed Thornton reports
One of the largest buy-outs to hit the South Wales market during 2007 drew note for reasons other than its size: the principal legal advisers hailed not from Cardiff’s established cluster of law firms, but from Bristol. The management buy-out of Williams Medical Supplies saw southwest leaders Osborne Clarke (OC) and TLT secure key roles – the former advising two directors and the latter advising the majority shareholders.
