Tisell has decided to merge with the Swedish legal arm of
big five firm Ernst & Young. At Tissel partner Mats Larsson
says that the two firms had been in discussions for just eight
weeks. "This is the first time in Sweden that a consultancy
firm and a traditional law firm have merged," he says. "We will
create one of the leaders in advice-giving, it's an opportunity
to provide a new kind of service. I don't think you should
really compare CMS with Ernst & Young because that is an
alliance between traditional law firms.
Under Swedish law all the Tisell partners will now have to
resign from the bar because they cannot fee-share with...