US moves and merger mania

Over the past few weeks the US news has been flowing like ticker tape in a Thanksgiving Day parade, and the New York theme continued today with the latest hire for Cadwalader Wickersham & Taft.

This time it’s a homecoming for Ashurst capital markets partner David Quirolo, a specialist in international securitisation and structured finance who previously worked at Cadwalader in New York and London and makes it four capital markets partner hires at Cadwalader in London over the past 18 months and its seventh City lateral in two years.

But the bigger news is all about firm-wide integration. After a relatively quiet period for mergers, two appear to have come along at once. Late last week Locke Lord and Edwards Wildman confirmed their merger in $675m deal while Morgan Lewis and Bingham are thought to be in continuing merger talks.

For the background to this potential deal and its ramifications, don’t miss our blog A Roome with a few.

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