Cross-Atlantic Merger Could Yield 2,300-Lawyer Firm
Atlanta-based Sutherland Asbill & Brennan is in merger discussions with Eversheds of London, the firms announced on Tuesday, reports Bloomberg Law.
The proposed merger could result in a law firm with more than 2,300 lawyers in 31 offices across 29 countries, the firms said in a joint statement. The merged entity would have revenue of more than $900 million, putting it into the top 40 law firms in the world, by revenue.
Bloomber described the announcement as depicting the discussions as being in an advanced, yet incomplete stage. It said that both firms have presented the proposed combination to their partners, who will likely vote on the deal before year-end.
