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It has, to put it mildly, been an interesting year for the legal sector. The collapse of one of the world’s largest ‘law firms’ – Andersen Legal – and the end of self-regulation for lawyers in the US stand out as defining events. Then there has been Ashurst Morris Crisp’s eye-catching merger talks with Fried Frank Harris Shriver & Jacobson, which look all the more tantalising given the absence of anything to suggest that Linklaters and Freshfields Bruckhaus Deringer are any closer to that elusive New York merger.

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