Bloomberg Law
April 28, 2016, 4:09 PM UTC

Parting is Such Sweet Sorrow: Why Did You Walk Away, Pepper?

Casey Sullivan

Sometimes it’s really hard to break up with someone. To say goodbye and find the right words. Parting can cause heartbreak and, if done without care, can result in a world of drama.

That’s why it was somewhat surprising when Pepper Hamilton ripped the Band Aid off its cratered merger talks with Reed Smith by issuing its own announcement, rather than working with Reed Smith to issue a joint release.

What happened to the Orrick, Pillsbury days ? Have law firms become so insecure about their market perception that manners have gone out the door?

Somewhere along the line, discussions shifted since they ...

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