Morgan, Lewis & Bockius is gearing up to absorb 226 partner from Bingham McCutchen by month’s end. But some partners from the latter not making the move are finding themselves locked in until the deal is finalized as expected on Dec. 1.
Three partners, one of whom currently remains at Bingham McCutchen, say that the firm amended its partnership agreement a week ago to allow it to suspend distributions to partners who resigned from the firm after Nov. 1 in order to pursue opportunities elsewhere. The amendment was introduced and voted on as Bingham McCutchen partners approved a combination with Morgan Lewis, which announced Friday that it would instead bring on 226—not the 227 as initially disclosed by the firm—partners from the former as opposed to a full-scale merger.
This content has been archived.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]
