LONDON – The protracted merger talks between Proskauer Rose and U.K. firm SJ Berwin finally ran out of steam last month. With pressure growing on management on both sides to bring negotiations to a resolution, it came as little surprise when the firms released a joint statement saying the combination was “not workable at this time.”
But Rob Day, the managing partner at SJ Berwin, insists the collapse of the talks does not mark the end of his firm’s U.S. ambitions. Rather, he said, it is merely a pause in plans that have now been developing for almost two decades.
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