The management of Lovells and Hogan & Hartson have today (29 October) announced their ‘unanimous’ support for a transatlantic merger, clearing the way for detailed discussions with both firms’ partnerships.

The decision, which followed a meeting yesterday (28 October) of management at both firms, means that detailed proposals for the merger of equals will be sent to the two partnerships. The proposed union, which was exclusively revealed earlier this month by Legal Week, would create a top 10 global law firm with around 2,500 lawyers across 40 offices globally.