Reed Smith and Pepper Hamilton have ended merger discussions less than two weeks after the pair confirmed they were considering joining forces.

In a statement issued late on Friday (22 April) Pepper Hamilton said: “Today, Pepper Hamilton decided to end our discussions with Reed Smith. While we were intrigued when Reed Smith approached us, we determined that moving forward is not in the best interest of Pepper. Pepper prides itself on talented people providing premier legal services to our clients. These core Pepper values are what we do best, and it is why our firm is held in such high regard by our clients and the entire legal community.”