Merging Professional Service Firms

Laura Empson

54 citations0/0 files storedLondon Business School Review

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Corporate Finance and Governance International Business and FDI Organizational Management and Change

Abstract

Accountants, lawyers, consultants and advertising agents have all been merging as their clients demand global and diversified services from their professional advisors. This article reports on a three‐year study of three such mergers. Notwithstanding the widespread belief that business now moves @ the speed of thought, the author concludes that, in most cases, managers should allow the process of integration to evolve gradually. However, this does not mean doing nothing: she identifies eight ways in which managers can facilitate the process.

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2002Management challenges in privatization acquisitions in transition economies 2011Postacquisition cultural integration in mergers & acquisitions: A knowledge‐based approach 2007Managing the human side of cross-border acquisitions in South Korea 2008Retention management as a means of protecting tacit knowledge in an organisation: a conceptual framework for professional services firms

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