Determination and recognition of failings bodes well for Hogan Lovells M&A push

Given the timing and structure of the merger, it was inevitable that the creation of Hogan Lovells would lead to jokey comparisons to the UK’s new coalition government. But perhaps a political allusion that better illustrates the challenge this tie-up faces is the plain fact that Lovells’ transactional practice has for years been viewed in the City much like Churchill’s famous putdown of Atlee: as a modest team with much to be modest about.