Squire Sanders in Merger Talks with UK Law Firm Hammonds
Posted Aug 25, 2010 10:46 AM CST
By Debra Cassens Weiss
Another transatlantic law firm merger may be in the offing, this one involving Squire, Sanders & Dempsey and British law firm Hammonds.
Partners at both firms were being told of the merger talks today, according to Legal Week and the Am Law Daily. If the merger gets a green light, the new law firm would have about the same revenues as the soon-to-be merged firm SNR Denton, a product of Sonnenschein Nath & Rosenthal and United Kingdom firm Denton Wilde Sapte.
Legal Week says the talks are in “advanced stages” while Squire Sanders chairman James Maiwurm told the Am Law Daily they are in an “early stage.”
Maiwurm, who became chairman of Squire Sanders in October, gave this statement to the Am Law Daily: "While we are still at an early stage, our discussions to date indicate that such a merger would appeal strongly to clients that want high-quality legal services from lawyers who have global experience and who understand and respect client demand for value.”
Legal Week published a different Maiwurm statement in which he said Squire Sanders needs a stronger presence in Western Europe to complement its presence in Central and Eastern Europe.