Richards Butler given pre-merger profit ultimatum by Proskauer
Richards Butler’s potential US beau Proskauer Rose has said Richards Butler needs to raise its profit per equity partner figure of £415,000 to nearer Proskauer’s $1.1m (£580,000) per partner. Richards Butler and Proskauer entered into merger talks brokered by consultants Blackstone in summer 2004. The talks have now reached the stage where a merger is likely rather […]