Hunton merger talks with UK law firm reportedly stall following Brexit vote
Uncertainty following Britain’s vote to leave the European Union has reportedly slowed merger talks between Hunton & Williams and the U.K. law firm Addleshaw Goddard.
Unidentified partners at the firms told Legal Week (sub. req.) that the merger talks slowed to allow time to evaluate the impact of the Brexit vote. Also contributing to the delay is uncertainty surrounding the U.S. presidential election.
An Addleshaw partner told the publication that, before Brexit, the merger talks had progressed and “everyone was comfortable with the basics and the feel culturally.”
Right now, an Addleshaw partner said, “The U.S. deal is still ongoing but it has slowed because the dust hasn’t settled on Brexit yet.”