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Unlike A&O’s tie up with Shearman and Sterling, Ashurst’s announcement that it had agreed a merger did not come as a surprise.

The firm had been in the market for a US-merger for more than two decades, yet its new partner, Perkins Coie, did still come as a bit of a surprise.

The silver circle firm clearly needed to make its move, but was it the right one?

Tune in to the new episode of The Lawyer Podcast as hosts Catrin Griffiths and Christian Smith are joined by Matt Byrne and Nikhil Raj Aggarwal discuss what the move might mean for the two firms, the wider market, and those firms leftover who are still looking for their own merger partner.