Another transatlantic merger could be in the offing, according to multiple reports. The latest would involve U.S.-based Squire Sanders & Dempsey and U.K-based Hammonds.
According to a report from AM Law Daily, which broke the news, partners at both firms were briefed on the merger talks Tuesday. Squire Sander Chair James J. Maiwurn and Hammonds Managing Partner Peter Crossley confirmed that merger talks have been ongoing in a written statement.
“While we are still at an early stage, our discussions to date indicate that such a merger would appeal strongly to clients that want high-quality legal services from lawyers who have global experience and who understand and respect client demand for value,” Maiwurm said in the statement.
A merger would create a combined firm with 1,300 lawyers in 17 countries. It would be one of the top 50 firms in the world with revenues topping $625 million.
A vote of the firm’s partners could come by the end of the year.
Posted by joshua
on August 25, 2010. Filed under Home,Law Firm News,Legal News.
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