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Top Biglaw Firm Gets A Mega-Merger Reality Check: ‘Some Partners Will Leave’ – Above the Law



Ed.
note
:
Welcome
to
our
daily
feature, Quote
of
the
Day
.


Some
Perkins
Coie
partners
will
leave—that’s
not
unusual
in
a
merger
of
this
scale.
You
simply
can’t
please
all
of
the
people,
all
of
the
time.
The
real
question
isn’t
whether
there’s
attrition,
but
whether
the
firm
retains
the
people
and
client
relationships
that
matter
most
to
the
future
strategy.



— Moray
McLaren,
a
lawyer
and
partner
at
Madrid’s
Lexington
Consultants,
in
comments
given
to
the

American
Lawyer
,
concerning
the
Perkins
Coie
partners
who
are
reportedly

having
second
thoughts

about
the
firm’s
planned

transatlantic
tie-up

with
Ashurst.
Sources
say
“tons
of
Perkins
partners”
are
now
on
the
market,
and
nearly
two
dozen
have
already
left
the
firm.
One
current
Perkins
partner
has
referred
to
impending
merger
as
“a
monumental
f—
up.” 





Staci
Zaretsky
 is
the
managing
editor
of
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to email her
with
any
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questions,
comments,
or
critiques.
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her
on LinkedIn.