San Francisco’s Graham & James is casting about for a merger partner, but the embattled firm appears to be having trouble finding one willing to absorb all of its U.S. offices.
According to consultants familiar with the firm as well as former partners, talks between Graham and at least two other firms have fallen apart in the past year. The latest setback was earlier this month, when talks broke down with Cleveland’s Squire, Sanders & Dempsey. Negotiations with Milwaukee’s Foley & Lardner stalled last summer.
