Orrick and Pillsbury kill $1.4bn mega-merger plan

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  • So Mitch hasn't been returning Mayer Brown's calls then?

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  • yet again, the ever mysterious "conflicts" scuttles a merger. which is code for "we decided not to do it, but don't want to point fingers as to why, so we'll just call it 'conflicts'"

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  • The Flying Dutchman of law firms once again narrowly fails to make it to safe harbour. Wikipedia tells us that: "If hailed by another ship, the crew of the Flying Dutchman will try to send messages to land, or to people long dead. In ocean lore, the sight of this phantom ship is a portent of doom."

    This might explain a lot. At least no-one can try to blame Ralph Baxter for this one.

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  • Pillsbury was known to be in trouble already and this leaves it further weakened and drifting badly. The next Dewey & Le Boeuf?

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