Greenberg Traurig terminated its merger talks with London-based Berwin Leighton Paisner last week amid concerns about the U.K. firm’s practice mix and culture. But the leadership at Greenberg Traurig had also become disillusioned with BLP’s management, according to several people close to the discussions.
Information that BLP provided at the onset of the talks proved to be inaccurate, according to two sources at Greenberg Traurig with knowledge of the situation. “The feeling was that there was a lack of credibility with [BLP’s] management—that was a large part of why [the merger] didn’t go forward,” said one. “Things weren’t as [BLP’s management team] were claiming them to be.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
