Here's a postscript to the Orrick Herrington & Sutcliffe and Dewey Ballantine merger talks. Last weekend Orrick's partners met in New York for their conference. This was supposed to be the first time that the fast-growing West Coast-originated legal leviathan had sat down with its new East Coast solid and stolid new brothers in arms from Dewey.
Sadly the meeting did not come to pass. As readers will be aware by now, the deal that would have created a billion-dollar law firm with getting on for 1,500 lawyers fell apart at the last minute.
For Orrick the failure must have been doubly galling. Let's face it, it's not the first time. Or the second. By our reckoning, we make it the seventh.