Big Law Getting Bigger As 2 S.F. Firms Seek Merger
Andrew S. Ross' San Francisco Chronicle article quotes Stanford Law Professor Deborah Rhode on a merger between two major San Francisco law firms and how the merger is part of a "broader trend" happening in the United States right now.
The last time a San Francisco law firm made headlines in legal circles was when Heller Ehrman collapsed in an ugly heap in 2008. Two others are now in the spotlight, and their news is more promising.
In what's been called a potentially landscape-altering deal, Orrick Herrington & Sutcliffe and Pillsbury Winthrop Shaw Pittman are in merger talks to create one of the biggest law firms in the country.
"They see economies of scale and the ability to fill in for their own weaknesses," said Deborah Rhode, director of the Center on the Legal Profession at Stanford University. "It's also part of a broader trend in American society generally - bigger is better."