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Dewey Ballantine and LeBoeuf Lamb Greene & MacRae may be embarking upon a marriage of convenience, but for one London managing partner the honeymoon will be over before it’s even begun.
In case you missed it, the two US firms confirmed earlier this week that they are courting wildly (as first reported by The Lawyer yesterday - see story).
In New York Dewey’s management laid bare the details of the deal for those associates and counsel not party to their firm’s inner workings at a 2pm meeting on Monday (27 August, in the 22nd floor multipurpose room, fact fans).
However, as the bank holiday skewered those arrangements for most London lawyers, Dewey thoughtfully set up a similar meeting for yesterday (Tuesday 28 August). By then Dewey London managing partner Fred Gander was probably already packing his bags in preparation for the firm’s big move to LeBoeuf’s Mincing Lane headquarters. But will he live happily ever after once he gets there?
Gander and LeBoeuf’s managing partner Peter Sharp (see story) face a nail-biting wait to discover who the new firm’s management team will crown in London. The book is open.
Still, Dewey seems to have learnt its lesson from its messy merger talks with Orrick and, with an equal number of representatives from both sides sitting on the merged firm’s management committee, at least the Gander/Sharp face-off should be a fair fight. Bring it on.