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Herbert Smith abandons European alliance after merger knockback

@Ami, would love to see your evidence for the 'waning' of US influence. As Cicero remarked "infinite money is the sinews of war", and US firms have access to money in a way that firms in other jurisdictions cannot hope to match. Litigation alone pours $300bn annually into the system. Sans mergers, Herbert Smith will find the road to building a credible global platform impossibly expensive, even if it is attainable. It will be a bleak road ahead.

24-Nov-2011

2:17 pm