Fri, 24 May 2013
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Dewey's Sharp hits out at stricken firm's US management
the fact that sharp negotiated the deal with morgan lewis in about a week is more down to morgan lewis being desperate to expand in london and therefore not doing much (if any) due diligence. so they have taken on a three partner litigation team in london where previously they had no disputes practice, and the entire moscow and almaty offices in countries where they had no presence. it appears to be a case of getting what they could, doing due diligence afterwards (over the next year or so?) and then right-sizing it later. maybe morgan lewis will make sharp the head of their london office now, and he can have the honour of sacking his dewey colleagues when it hasn’t worked out.
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