Sunday, August 26, 2007
It is being reported that LeBoeuf, Lamb, Greene & MacRae LLP and Dewey Ballantine LLP are in advanced merger talks and that a deal could be announced as soon as tomorrow. Last year, Dewey walked away from an agreed combination with San Francisco-based Orrick, Herrington & Sutcliffe LLP.
LeBoeuf is particularly known for its Central European/Russian M&A practice led by Oleg Berger and Mark Banovich. Nonetheless, Dewey has the stronger M&A practice, though it has suffered of late from a number of departures including Michael Aiello to Weil, Gotshal & Manges.