The merger talks between Mayer Brown and troubled west coast firm Heller Ehrman have been called off.
The two firms have been in discussions for several weeks, with Heller turning to the Chicago-headquartered giant after earlier talks with Baker & McKenzie also cratered.
Today (15 September), a statement from a Mayer Brown spokesperson confirmed that Heller’s latest attempt to secure a tie-up has now come to nothing.
“Mayer Brown has been exploring the possibility of a merger with Heller Ehrman,” the statement said. “After careful consideration, we have decided not to pursue that course.”
The statement added that a merger with Heller would have offered “potential benefits” for both firms and their clients.
“In the end, however, various issues, including client and practice conflicts, could not be resolved, and we have ended our discussions,” the statement added.
Heller has been at the centre of merger rumours throughout the summer, with other candidates thought to have included Winston & Strawn.
In June, Heller chairman Matt Larrabee told The Lawyer that a merger was one of the options his firm was considering, but that no final decision had been taken at that time.
Heller did not return calls for comment.