Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: empanelment :: ACCOUNTING STANDARD :: form 3cd :: VAT RATES :: articles on VAT and GST in India :: list of goods taxed at 4% :: TDS :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: ACCOUNTING STANDARDS
 
 
Mergers and Acquisitions »
  Govt to explore mergers & acquisitions across state-run units
 Government to explore mergers & acquisitions across state-run units
 Govt mulls merger of 6 consultancy firms into Engineers India
 13 Design Industry Mergers & Acquisitions
 25 anesthesia mergers & acquisitions in the past year
 3 Big Mergers & Acquisitions That We Could See in 2017
 Govt mulls merger of six consultancy firms into Engineers India
 MENA mergers and acquisitions perform soundly in 2016 despite challenges
 Govt to explore mergers & acquisitions across state-run units
 Mergers & Acquisitions Heat Up the Promo Industry in January
 Mergers and Acquisitions: 2016 Update

Slowdown in mergers and acquisitions 'may hit profits at law firms'
September, 19th 2016

The number of finance directors at the top 100 law firms who fear that M&A weakness will hit financial performance has risen to nearly a quarter - up 8% compared to 2015, according to research by Thomson Reuters Legal.

Global M&A activity dropped 18% in the first quarter of this year compared to 2015, as firms grapple with a Brexit vote blow to business confidence, a slowdown in China, and the ongoing oil price slump.

The UK has also experienced a slowdown in initial public offerings on the London Stock Exchange, slipping from 137 in 2014 to 92 last year, separate research from PwC revealed.

Samantha Steer, Thomson Reuters UK&I Legal's director, large law segment, said: "The buoyancy in M&A transaction volumes last year was a key driver of profitability for law firms, but further growth was in question even before the Brexit vote and will be even more so now.

"M&A transactions are a vital source of work for law firms, both in themselves and because they generate a significant amount of workflow across a range of other practice areas. If fears that corporate finance activity is weakening are realised, that could rattle the sector."

Law firm finance directors have predicted a bright outlook for the technology sector, with 28% forecasting a rapid growth in work, the report said.

However, they are more downcast about the prospects for the mining industry, as they expect the sector to contract this year.

Ms Steer added: "The slump in commodity prices caused by a glut in world supply of metals and a slowdown in China has created an environment where 80% of finance directors expect work from the mining sector to stagnate or contract in 2016 - the highest proportion of any area of work."

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multimedia Presentations Multimedia Solutions 3D Solutions Corporate Presentations Business Presentations Multimedia Presentation India M

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions