Dentons' Project Golden Spike Had Bold Ambitions. Did it Meet Them?
"They thought there was an opportunity to build out a Big Four model that could practice law in the U.S. and the pitch was going to good firms in smaller markets and asking them to join," said Indiana University Maurer School of Law professor Bill Henderson. "There was a shared service model that was quite coherent. That's the model. Time will tell if it works in practice."
June 20, 2024 at 05:00 AM
5 minute read
Global Law FirmsWhat You Need to Know
- One former Dentons lawyer said the initiative was informed partly in response to the challenges surrounding a prior merger with McKenna Long & Aldridge.
- Observers agree that Dentons sought to address real economic barriers in the legal services market in the U.S. and there is a business case for doing so.
- The Golden Spike pitch materials also looked to Big Four accounting firms, which successfully moved into smaller cities.
This is the second part of a two-part series. For part one, click here.
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