As far as Squire Sanders is concerned, New York is the glaring weak point. A merger (with Bryan Cave) solves that problem. Bryan Cave can look to the European, and now Latin American, offices Squire Sanders has, and gain growth and geographic expansion on a global basis. |
Corporate mergers create larger, more geographically diverse clients needing larger, more geographically diverse law firms. |
Some firms will not be able to compete with the salary hikes of the top-tier firms. We will see which firms are really in the premier league and which ones just think that they are. |