Fri, 24 May 2013
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SJ Berwin and Mayer Brown in talks over £900m tie-up
Two stones clinging onto each other in the hope that, together, they will float?
As for “There’s paranoia that the UK arm would find out. That would lead to serious defections in the UK.”.... not sure if your secret source has noticed, but dozens of partners have been streaming out the door.
Will be interesting to see if SJB are happy to be governed by the same MB management that blew $50mm on the Rowe & Maw merger and so much more on Asia. Great for SJB in the short term ($$$), but no so great for long term career prospects. Just ask Paul Maher.
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