Courtesy photoBCLP Mulls Merger Prospects as Profitability Lags, Partnership Shrinks
The quest to form a global firm with a shared profit pool has led to some U.S. partner tensions.
November 26, 2024 at 06:00 AM
8 minute read
What You Need to Know
- BCLP has explored early-stage talks with other firms, according to several people.
- A disproportionate number of U.S. partners have left this year for more profitable firms.
- BCLP contends its shared profit pool has made the firm stronger, but the strategy also prompted partner exits.
Bryan Cave Leighton Paisner has been considering further mergers, several sources close to the firm have told Law.com, amid a year of dozens of partner exits.
Six years on from its trans-Atlantic combination, the firm of more than 1,100 lawyers is grappling with sluggish growth and a steady stream of departures.
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