The potentially game changing merger between California-based Orrick, Herrington & Sutcliffe and New York-headquartered Pillsbury Winthrop Shaw Pittman is off after the firms said issues surrounding client conflicts of interest had proved insurmountable.
The firms disclosed around a month ago that they were in talks, with a view to creating a 1,800-lawyer practice with revenues of around $1.4bn, putting the combined entity in the top 15 law firms in the world by fee income.
