Last week the global law firm King & Wood Mallesons announced that its European and Middle East operation was considering a merger, following a slowdown in collections and a subsequent failure to raise enough capital from its partners to right the ship.
As of Monday, two big law firms were reportedly in discussions to hire partners from the 2,200-lawyer law firm, which reported $1 billion in revenue for 2015 and also has a large presence in China and Australia.
A Goodwin Procter spokesman said in a statement on Monday that the firm has hired funds partner Michael Halford in London ...
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