Law Firms Orrick and Akin Gump End Merger Talks
Lawyer News
The big law firm Orrick, Herrington & Sutcliffe has seen its share of merger discussions fizzle out in recent years. Add its talks with Akin Gump Strauss Hauer & Feld to the list.
Less than a week after confirming that they were in preliminary discussions to merge, Orrick and Akin Gump released a joint statement Monday morning announcing that their brief flirtation has already petered out. The decision to end their talks was described as a mutual one.
“The firms appreciated the opportunity to have the discussions, which confirmed their mutual respect for one another,” the statement said. “However, the firms have determined not to proceed.”
Last week, consultants who specialize in law-firm mergers described the fit between Orrick and Akin Gump as a good one, considering they did not overlap much in terms of offices or strong practice areas. Together, the firms would have employed nearly 1,900 lawyers with combined revenues in excess of $1.5 billion.
But the breakdown in talks is not particularly surprising, given how delicate merger discussions between big law firms tend to be. As The American Lawyer has pointed out, Orrick is something of a model for aborted merger talks, with its unsuccessful deal with what was then Dewey Ballantine in 2007 standing out as the most notable example.
Related listings
-
Jones Day law firm expanding into Brazil
Lawyer News 11/02/2010The Jones Day law firm said today it will open an office in Brazil, one of the world's fastest-growing economies. The office will be Jones Day's 33rd and its second in Latin America after Mexico City. The Sao Paulo office will support global clients ...
-
Richard B. Thomas Promoted to Associate
Lawyer News 11/02/2010Richard B. Thomas, a long-time patent engineer with Armstrong Teasdale LLP, has become an associate in the law firm’s Intellectual Property practice group. With Thomas’ promotion, the firm expands its Intellectual Property group to 70 people. Much of...
-
Marc D. Goldstein Joins Law Firm of Gallop, Johnson & Neuman
Lawyer News 11/02/2010Marc D. Goldstein has joined the law firm of Gallop, Johnson & Neuman, L.C., as an associate focusing his legal practice in the areas of Labor and Employment Law, and Government Relations. Mr. Goldstein earned a J.D. degree from Washington Univer...

Illinois Work Injury Lawyers – Krol, Bongiorno & Given, LTD.
Accidents in the workplace are often caused by unsafe work conditions arising from ignoring safety rules, overlooking maintenance or other negligence of those in management. While we are one of the largest firms in Illinois dedicated solely to the representation of injured workers, we pride ourselves on the personal, one-on-one approach we deliver to each client.
Work accidents can cause serious injuries and sometimes permanent damage. Some extremely serious work injuries can permanently hinder a person’s ability to get around and continue their daily duties. Factors that affect one’s quality of life such as place of work, relationships with friends and family, and social standing can all be taken away quickly by a work injury. Although, you may not be able to recover all of your losses, you may be entitled to compensation as a result of your work injury. Krol, Bongiorno & Given, LTD. provides informed advocacy in all kinds of workers’ compensation claims, including:
• Injuries to the back and neck, including severe spinal cord injuries
• Serious head injuries
• Heart problems resulting from workplace activities
• Injuries to the knees, elbows, shoulders and other joints
• Injuries caused by repetitive movements
For Illinois Workers’ Compensation claims, you will ALWAYS cheat yourself if you do not hire an experienced attorney. When you hire Krol, Bongiorno & Given, Ltd, you will have someone to guide you through the process, and when it is time to settle, we will add value to your case IN EXCESS of our fee. In the last few years, employers and insurance carriers have sought to advance the argument that when you settle a case without an attorney, your already low settlement should be further reduced by 20% so that you do not get a “windfall.” Representing yourself in Illinois is a lose-lose proposition.