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Arnold & Porter offices in Washington, D.C. May 27, 2016. Photo by Mike Scarcella/THE NATIONAL LAW JOURNAL.Arnold & Porter offices in Washington, D.C. May 27, 2016. Photo by Mike Scarcella/THE NATIONAL LAW JOURNAL. (Mike Scarcella)

Leaders of Arnold & Porter and Kaye Scholer have known one another for years, but serious discussions about a merger began within the last year, culminating in the union announced Thursday morning that creates a combined firm with close to $1 billion in annual gross revenue.

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