Economic conditions are behind firm's conservatism, but investment to be maintained in expanding Asian network
July 16, 2003 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
West Coast giant Morrison & Foerster (MoFo) has put European expansion on hold until economic conditions improve, the firm’s chairman Keith Wetmore has confirmed.
Speaking to Legal Week, Wetmore conceded that the San Francisco-based firm was to put European expansion on ice, despite having held preliminary merger talks with a number of firms in Germany and France – including leading independent Paris firm Moquet Borde & Associes earlier this year.
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