August 25, 2005
Orrick Herrington & ....Coudert?
That didn't take long.
Orrick has snagged a total of 40 Coudert lawyers in China, including one partner in Shanghai, two in Beijing, and six in Hong Kong. Despite the earlier unpleasantness over Orrick's he-said/she-said poaching of Coudert's London and Moscow offices, this is evidently amicable, or at least, as they say in matrimonial-land, uncontested. Coudert's chairman, Clyde ("Skip") Rankin, would only say "As previously announced, the partners of Coudert authorized" acquisitions like this.
In a more sober analysis of the firm's grim last decade than Caitlin Griffith's still-inexplicable rant, Legal Week describes the combination of pride, outdated views of reality, and inability to establish a world-class presence in either New York or London, that made the events of the past week surely inevitable.
Update: Bloomberg News covers the story, with a quote from yours truly.
Published by Bruce at August 25, 2005 8:04 AM | TrackBackPublished to Cultural Considerations | Finance | Globalization | Leadership | M&A | Strategy
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