As an advert for the merits of verein firms, King & Wood Mallesons is not doing a great job right now. The ‘Power of Together’ slogan it gave itself on merging and its ‘one team, one firm’ core value could not look more inaccurate as its European partnership scrambles for a solution to its financial woes.
With the firm looking anything but together right now, the often-shouted argument that verein firms can be just as collaborative as those with a single profit pool is looking as wobbly as KWM Europe’s future.
