The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Dentons and McKenna Long & Aldridge have called off their merger following delays earlier in the month.
Partners at the firm were emailed on Monday to inform them the merger was no longer going ahead, following a week of conference calls led by the management team.
Partners have been able to dial in on the conference calls and were notified formerly on Monday that the merger was cancelled. The vote on the tie-up was expected to take place by November 14 but hit delays, thought to stem from McKenna Long partners (30 October 2013).
A spokesperson for the firm said: “We are not in a position to successfully bring our firms together at this time.
”We look forward to maintaining the many friendships and working relationships, including with shared clients, that partners in both firms have forged. Both firms will continue to advance their respective strategic priorities.”
At the end of October board members from both firms had approved plans for the tie-up and asked partners whether they wanted to complete the deal.
It would have added 575 lawyers to its global presence and come only months after the firm’s tripartite integration between Canada’s Fraser Milner Casgrain, European firm Salans, and UK-US outfit SNR Denton.
McKenna Long’s 15 offices are almost exclusively in the US, although it maintains a presence in Brussels and earlier this year launched in South Korea (12 March 2013).