Bloomberg Law
Nov. 29, 2016, 2:09 PM UTC

Big Law Firms Circle a Global Firm Under Stress

Casey Sullivan

Last week the global law firm King & Wood Mallesons announced that its European and Middle East operation was considering a merger, following a slowdown in collections and a subsequent failure to raise enough capital from its partners to right the ship.

As of Monday, two big law firms were reportedly in discussions to hire partners from the 2,200-lawyer law firm, which reported $1 billion in revenue for 2015 and also has a large presence in China and Australia.

A Goodwin Procter spokesman said in a statement on Monday that the firm has hired funds partner Michael Halford in London ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.