Dentons prepares to seal transatlantic merger with Sonnenschein

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  • Dentons could have held out for better, IMO. Perhaps Howard Morris wanted a merger where he could be in the driving seat?

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  • Re-Dave Harris

    They could have held out but Morris needed to take action, they had been coasting for too long.

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  • Is it not ironic that DWS have found a merger partner before SJ Berwin?

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  • The noise that the newly created firm will hope to make on the world stage will surely be somewhat muted by a zero presence in that engine of global growth - Asia-Pacific - especially given the mega energy deals going on there recently. Would the new firm perhaps seek a third alliance in the region to give itself truly global capability?

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  • SNR Denton sounds like a toothpaste

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  • Having trained with DWS, I have a great deal of respect for the place. I just can't see what the merger really has to offer.
    There appears to be very little synergy between the practice groups and their metrics are very different.
    SNR is a top drawer insurance litigator, but DWS (when I was a trainee) had only one partner practicing this discipline in London.
    Both firms market a focus on IPMT, but as most people at DWS would tell you, IPMT contributes a very small % of turnover.
    DWS strengths in London are mid-market finance (save for the excellent Wynne, Felberbaum, Andrews, Paine and Rice), real estate and a clutch of energy/project lawyers in London, Paris and Dubai. Frankly I can't see how SNR's St Louis and Walnut Creek offices really advance these practice areas.
    When Dentons and Wilde Sapte merged, a lot of top partners left because the costs were going to cripple them. I hope the same doesn't happen again.

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  • @ Dave Harris wrote Dentons could have held out for better, IMO. Perhaps Howard Morris wanted a merger where he could be in the driving seat?
    ------------------------------------------------

    Denton's are merging with a firm with a PEP more than twice as high, a far higher RPL and around twice as big in total revenues.
    This is actually a wonderful merger for Dentons.
    Strategically is also great, creating a firm with a sizeable footprint in both Europe and the U.S. and the resources to expand in both and also look towards Asia.

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  • @Anonymous 8.33am, I think you may have gotten the wrong end of the stick. It's not about the practice fits but what you do with them. If their strategy is to target the Middle East and Asia then a larger platform makes sense. In any event, there is a good practice fit on the energy side.

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  • We might presume that they will have an eye to move into the Asian market in the near future.
    That aside, the merger is strategically sound on both sides of the Atlantic and an especially good move by Dentons.

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  • they should name it Denton Sonnenschein

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  • That video is HILARIOUS!!!!!! Do you think they did it all in one take? It's amazing the way they read each other's minds, answering questions without any questions being asked.
    It's definitely worth watching right to the end for Howard Morris's "I'm so excited by this merger" finale. I'd hate to see him bored by something......

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  • Please do not foget that SNR New York is the former high powered New York finance practice of Thacher Profit and Wood, which is a natural fit to the DWS London office. The TPW team has only recently joined so there is a lot of growth for that. SNR is as much a NY firm as it is a Chicago firm. Along with the DWS growth markets this will make a powerful combination in the long term. Give it a couple of years I think these guys are going to be heard.

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  • A comment on the video....OUCH it is painful to watch

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  • Looks like a smart move to me. This bumps them a few rungs up the ladder

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  • Yes, I agree Denton Sonnenschein sounds much better!

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  • The important thing is that both firms are in agreement in fulfilling a mutual and common vision that will profit the merger as a whole;
    That i believe is the recipe for their continued and creative growth in line with current trends

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  • Sensible move.

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  • We might presume that they will have an eye to move into the Asian market in the near future.

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