Hogan Lovells, Shearman & Sterling respond to reports of merger talks

  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Transatlantic law firm Hogan Lovells and New York-founded Shearman & Sterling on Wednesday acknowledged reports that the firms are in early-stage merger discussions, without confirming or denying the talks.

In internal messages to partners and firm personnel that were viewed by Reuters, Hogan Lovells said it was aware of the reports, including one from German publication Juve. The firm wrote in a firm-wide email that it regularly explores potential merger opportunities, but "we are not in a position to name individual firms or the nature of any discussions we might be having with them."

Hogan Lovells is the product of a 2010 transatlantic merger between Washington, D.C.-founded Hogan & Hartson and London-founded Lovells. The firm, which has 47 offices and close to 2,600 lawyers globally,about $2.6 billion in total revenue in its 2021 fiscal year, putting it among the top 10 U.S. firms by revenue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines