For now, Orrick, Herrington & Sutcliffe has decided against a merger with U.K. firm SJ Berwin, according to an e-mail firm Chairman Ralph Baxter sent to the partners late Monday night. While the e-mail, obtained by The Am Law Daily, does not offer specific reasons for why Orrick is abandoning a potential deal, it does confirm what multiple sources told us last month: that the firms were involved in serious discussions about a possible merger.
“Based on our discussions to date and the information now available to us, the team working on this does not recommend pursuing it further,” Baxter wrote in the e-mail. “No one issue led us to this decision, and we leave the process with great respect for SJ Berwin.”
