Biglaw

Bingham McCutchen Talking Merger with Multiple Firms
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Bingham-McCutchen-478x270

According to sources who have spoken to Reuters, Bingham McCutchen is looking for a large partner to merge with in the United States. The firm has reportedly reached out to four possible partners over the last couple of months.

Bingham has spoken with Chicago’s Winston & Strawn and Philadelphia’s Morgan Lewis & Bockius about possible mergers.

  
What
Where


A couple of months ago, Bingham spoke with O’Melveny & Myers and Morrison & Foerster. Both of these firms rejected the offers from Bingham.

“There is a shrinking legal market and the impetus to join forces to put yourself in a better position to compete is pretty strong,” said Carter Phillips, the chairman of Law Firm Profile on LawCrossing.com” href=”https://www.lawcrossing.com/lawfirmprofile/7f1x32c59a2oded0387s4e7e1d5l800af35a/Sidley-Austin-LLP/” target=”_blank”>Sidley Austin. Austin has hired away many of Bingham’s lawyers over the past couple of years.

Reuters was told in February by a spokeswoman for the firm that its revenue dropped by 12 percent. At the time, it stood at $762 million compared to $872 million in 2012. Pay cuts were issued last year and the firm has laid off an unknown number of staff and lawyers.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




An exclusivity agreement is close to being signed between Bingham and Morgan Lewis. This means that the two firms cannot discuss mergers with other firms while their discussions are occurring.

Applying for an attorney job in top law firms is now a few clicks away, visit this page for live listings across the US.





 

RELEVANT JOBS

Associate Attorney

USA-PA-Exton

ASSOCIATE ATTORNEY McKenna Snyder LLC, a law firm in Exton, PA has an immediate opening for an ex...

Apply now

Attorney

USA-MI-Sturgis

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Attorney

USA-MI-Coldwater

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Insurance Defense Trial Attorney/ Senior Counsel

USA-CA-San Francisco

Job description Trial Attorney - Personal Injury Defense Full Job Description Hickey Smith ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top