Thelen Reid Brown Raysman & Steiner and U.K. law firm Pinsent Masons have announced that they're reconstructing the global construction law joint venture that they launched with great fanfare in 2003 into a less firmly cemented "best friends" bond. The joint venture, Masons Thelen Reid, was profitable from nearly the beginning, according to Thelen Co-Chairman Steve O'Neal, but the firms realized they could "accomplish the same thing" without the costs incurred from maintaining a separate legal entity.
August 10, 2007 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
Thelen Reid Brown Raysman & Steiner and U.K. law firm Pinsent Masons are taking the wrecking ball to the global construction law joint venture they built in 2003.
The firms announced last week that they’re reconstructing their relationship into a less firmly cemented “best friends” bond, and said they will work together on a wider assortment of legal matters.
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