Herbert Smith is considering whether it should merge with alliance firms Gleiss Lutz and Stibbe as part of a wider strategy for international expansion. Partner performance is also part of the firm's strategy review, with management warning partners earlier this year that some need to improve.
November 07, 2011 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Herbert Smith has put a potential merger with alliance firms Gleiss Lutz and Stibbe at the heart of its ongoing Project Blue Sky strategy review, it has emerged.
The top 10 London firm is considering whether it should push for a merger with its longstanding alliance partners, with a Swiss verein structure allowing all three firms to maintain separate profit pools one option under consideration.
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