Mayer Brown courtship of Simmons founders

  • Print
  • Comments (35)

Readers' comments (35)

  • Ten years on and history repeats itself. Mayer Brown merged with Rowe & Maw to solve a problem with a loss making London office. Its problem then, as now, is that the Chicago power brokers did not and still do not understand the London legal market. Some of the decisions made by the firm in relation to its London office over the past three years have been tantamount to pressing the self-destruct button. Few who have gone from the firm in that time will have any sympathy for its plight, and one can only assume that the CVs of the remaining decent lawyers in London office are already doing the rounds.

    Unsuitable or offensive? Report this comment

  • Rowe & Maw was a good merger partner, but London and the New York office of Mayer Brown Rowe & Maw needed building up quickly and in the good years after the Rowe & Maw merger. Without strong London and New York offices international would not work. Lateral hires in London were expensive and not good value for money. Top New York talent walked out some years ago. Partner cuts destroyed ethos and morale.

    The deal with Johnson Stokes & Masters was "inspired". It was the time to go forward strongly, but then came the cuts and the Paul Maher exit.

    It was said at the time of the Rowe & Maw merger that Chicago heavy-weights doubted its merits and even voted against. Now Chicago (Mr Krueger which way did you vote?) finds itself internationally invested but without the weight it needs in London or New York. They need an even bigger strategic review than the Pru!

    Unsuitable or offensive? Report this comment

  • Pity, this would have been a great merger for both firms.

    Unsuitable or offensive? Report this comment

  • US-UK is clearly the way the market is going at the moment and more than likely will accelerate over the coming months. This might just prove to be a missed opportunity for both firms.

    Unsuitable or offensive? Report this comment

  • Any guesses as to who will be next?

    Unsuitable or offensive? Report this comment

  • How about Gibson Dunn and Macfarlanes?

    Unsuitable or offensive? Report this comment

  • Paul Maher's exit from Mayer Brown last year was a cataclysmic event in the firm’s illustrious history.
    The firm's London presence has experienced tough times ever since Paul's departure. There has been a partner exodus, profitability has slumped and the firm has lost key clients. These merger talks, if true, represent a pathetic cry for help and are indicative of the firm’s dwindling presence.
    The firm heralded its own demise in ousting Maher. The very man, who, by virtue of his vision orchestrated the legal world’s most infamous merger and played an irreplaceable role in building Mayer Brown to the firm it was before he left, is the same force that is and will lead to the firm’s dramatic fall from grace. The void created by Paul Maher’s departure is something the firm will never recover from; Mayer Brown’s management committee is well aware of this and rueing their misjudgement.

    Unsuitable or offensive? Report this comment

  • Mayer Brown is a tarnished name. The heavy hitters have gone, the remaining partners are sitting ducks. Why would any decent firm want to merge with them?

    Unsuitable or offensive? Report this comment

  • It's easy to see what Mayer Brown is up to. They've lost their key talent. They can't afford to 'restructure' what is left of the London partnership -because it would have nothing left if it did - so Mayer Brown is seeking a merger so that it can kick them out once the ink is dry.......

    Unsuitable or offensive? Report this comment

  • *yawn*......

    Unsuitable or offensive? Report this comment

View results 10 per page | 20 per page | 50 per page

Have your say

Mandatory Required Fields

Mandatory

Comments that are in breach or potential breach of our terms and conditions in particular clause 8, may not be published or, if published, may subsequently be taken down. In addition we may remove any comment where a complaint is made in respect of it. These actions are at our sole discretion.

  • Print
  • Comments (35)