Commentary: Hogan Lovells - no longer a deal team in need of modesty?
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. Whether that perception was entirely fair (in truth, it was probably a little overdone), unlocking the merger's potential will require demonstrably overcoming this assumed poverty of ambition. In short, Hogan Lovells has to start looking more like a home for the City's most talented deal-doers, and a natural place to turn for major plcs with important work to get done.
Determination and recognition of failings bodes well for Hogan Lovells M&A push
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