Photo: Ryland West/ALMWhy Kramer Levin Decided to Merge
If the firm waited any longer for a merger, it may have been vulnerable to the same fate that other New York-founded firms outside the Am Law 50 have seen.
November 19, 2024 at 06:00 AM
7 minute read
Kramer Levin Naftalis & Frankel’s merger talks with Herbert Smith Freehills were not the first time the firm has engaged in strategic discussions to grow. The New York firm has explored discussions with other firms to build scale and expand depth after two years of slower financial growth, sources say.
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