Hogan & Hartson, Lovells merger faces many obstacles

Hogan & Hartson and Lovells are considering one of the riskiest endeavours for a law firm, a trans-Atlantic merger, which would create a new global giant of more than 2,500 lawyers. That strategy can work, as in the case of DLA Piper, or "turn to brass" as in the case of Clifford Chance, says the National Law Journal. Differences in culture and compensation could complicate the deal.