Mayer Brown and Simmons & Simmons have resumed merger talks, with both firms’ management set to brief their respective partnerships next week on the merits of a potential union.
As revealed by The Lawyer (7 June 2010) the two firms held initial talks over the creation of a combined firm that would have gifted Mayer Brown significant presence in the UK and Simmons an extensive Asia offering, but these conversations encountered problems.
Partners at Simmons subsequently met with management to demand feedback on the merger discussions but were informed that it was firm policy not to comment.
It was after the expression of partner interest that management at both firms revisited talks in secret off-site meetings and partners have now been called to briefings scheduled for next week.
Mayer Brown and Simmons & Simmons declined to comment.
This follows news that US firm Sonnenschein Nath & Rosenthal and the UK’s Denton Wilde Sapte are to merge on 30 September 2010 to create a £500m business (26 May 2010).