Is Orrick shopping around for a merger in the United Kingdom?
The Lawyer, a UK legal publication, says Orrick has become the frontrunner in talks with SJ Berwin after Goodwin Procter and Proskauer Rose allegedly pulled out of early merger talks.
A delegation from SJ Berwin traveled to the U.S. to meet with Orrick in New York on Tuesday, April 13, according to The Lawyer, which cited “numerous” unnamed sources.
Legal Week, another UK publication, describes SJ Berwin as an upper-mid-market London practice “famed for its robust, entrepreneurial style,” which some define as flavored by an “eat what you kill” approach. The 600-lawyer SJ Berwin has had its woes from the recession, according to Legal Week, taking a hard hit from a slowdown in property and private equity work.
The British press is notorious for running with the slightest of tips –- but Orrick’s also shown an appetite for growth in London. The firm took on a new lease there last year, and its website now lists 55 lawyers in London, almost triple the headcount in 2002.
An Orrick spokesman said the firm doesn’t comment on rumors and speculation. If you happen to have any intel, please email us.