New York’s Dewey Ballantine and San Francisco’s Orrick Herrington & Sutcliffe announced Thursday that they have called off their merger discussions.
“Both firms are successful, global firms that saw great potential in a combination,” Dewey and Orrick said in a joint statement. “However, a combination of this size and scope posed significant challenges. While both firms tried their best to work through these challenges, we were unable to bring the merger to completion.” They added that no one issue led to the end of the negotiations.
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