SNR and Salans: Slowly deals it

The global legal market might be consolidating faster than a lawyer can file her travel expenses, but in some quarters at least the brakes have been put on expansion.

As we report today, Salans and SNR Denton have put back a vote on the two firms’ merger, with partners now expected to be polled on the potential combination next month at the earliest (see story).

The merger talks started late last year (22 August 2012) with a vote set for September. Now it appears one side at least may have got a little spooked.

As one source close to the firm told The Lawyer, “I think there may be some back-pedalling. Everyone is really keeping this close to the vest [sic].”

Maybe so, but if the dynamic duo doesn’t want to get a reputation for protracted merger talks that outdoes SJ Berwin and Proskauer Rose they should pull their fingers out. A phrase including the word ‘pot’ springs to mind.

Still, for SNR Denton at least it’s almost business as usual in terms of planting flags on maps. The map in this case is that of Africa, where the firm recently announced a tie-up with South Africa outfit KapdiTwala.

It’s better than nothing, but not quite the splashy deal they wanted.

Also on www.thelawyer.com:

As we report today, Salans and SNR Denton have put back a vote on the two firms’ merger, with partners now expected to be polled on the potential combination next month at the earliest (LINK).

The merger talks started late last year (22 August 2012) with a vote set for September. Now it appears one side at least may have got a little spooked about something, though nobody’s telling exactly what they’re having second thoughts about.

As one source close to the firm told The Lawyer, “I think there may be some back-peddling. Everyone is really keeping this close to the vest.”

Maybe so, but if the dynamic duo doesn’t want to get a reputation for protracted merger talks that outdoes SJ Berwin and Proskauer Rose they should pull their finger out. A phrase including the word ‘pot’ springs to mind.

Still, for SNR Denton at least it’s almost business as usual in terms of planting flags on maps. The map in this case is that of Africa, where the firm recently announced a tie-up with South Africa outfit KapdiTwala (11 September 2012).

It’s better than nothing.

Also on www.thelawyer.com:

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