SJ Berwin and Mayer Brown in discussions over transatlantic merger

UK firm SJ Berwin is showing itself to be committed to the idea of a merger with a US firm, commencing discussions with Mayer Brown in its third attempt to strike a transatlantic deal after negotiations failed first with Orrick Herrington & Sutcliffe and then with Proskauer Rose. The discussions are at a very early stage, but if a merger went ahead the combined firm would be a force to be reckoned with, pulling in revenues of £900 million. The majority of the revenue comes from Mayer brown, which brought in $1.07bn (£706m) last year, compared to SJB’s £179m, but the firms award partner profits at around the same level £630k at SJB and $1.07m (£682k) at Mayer Brown.

SJ Berwin and Mayer Brown in discussions over transatlantic merger rollonfriday.com Tue, May 29, 2012