It was to be the largest West Coast tie-up in US history, but the merger bid between California giants Orrick Herrington and Cooley Godward has collapsed. The problem? “Ego and politics”.
The talks broke off July 24 with management at both firms claiming the split was reached by mutual agreement, despite earlier reports that a merger deal could have been finalised by the end of July. Commenting on the split, one senior Orricks partner said “There are always people and egos and politics in these things, […]