Partners
Billable Hour Concerns Helped Kill Nixon Peabody Merger, Motion Says
Posted 48 minutes ago
By Debra Cassens Weiss
A dozen lawyers from Taylor Wessing's French office have given notice that they intend to move to Nixon Peabody, despite their initial concerns about the workload, according to a motion filed in the legal fight between the two law firms that were once considering a merger.
The 12 lawyers who plan to move are among 15 non-equity partners in the French office, according to a motion (PDF posted by the American Lawyer) filed by Taylor Wessing, the American Lawyer reports.
Ironically, the motion says concerns voiced by non-equity partners were one reason for the failure of the merger talks. "It was their view that law firms in the United States had significant hourly billing requirements,… Continue reading...
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