KWM seeks merger resolution as firms lure partners away
King & Wood Mallesons hopes to finalize a merger suitor by the end of this week, amid continued discussions and negotiations. Meanwhile, several firms have begun to approach individual KWM partners with offers. DLA Piper, Mayer Brown, and Winston & Strawn are among the firms vying for KWM partners ahead of any formal merger activity.
KWM staff have been told they will continue receiving paychecks throughout the period in which the firm finalizes a merger partner. The firm is looking to confirm its next steps before it approaches upcoming payment deadlines for rent and tax bills.
Read more at www.legalbusiness.co.uk.comments powered by Disqus