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The proverbial blood may soon hit the floor, thanks to Verizon's proposed $6.7 billion acquisition of MCI. The two telecom giants currently boast 357 attorneys, a number set to shrink if the deal proceeds. And outside law firms would likely lose a big client as well. The deal is far from complete, but as Timothy Casey, MCI's former chief technology counsel puts it, "Every firm that has a telecom practice is going to get squeezed" by telecommunications industry consolidation.
February 25, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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