Merger blocked after lawyers Simpson Thacher miss deadline for appeal
Law firm, where partners are paid an average of $7.7mn, says mistake was because of its ‘misinterpretation of the rules’
Law firm, where partners are paid an average of $7.7mn, says mistake was because of its ‘misinterpretation of the rules’

US law firm’s revenues surpass $8bn for first time on the back of megamerger mandates

Deal comes despite Donald Trump targeting Perkins Coie with executive order that posed ‘existential risk’

Plus the social media lawsuits

Firm whose partners bill more than $2,000 per hour apologises to judge for software-driven errors in bankruptcy case

Justice department says lawyers from elite Wall Street firms aided scheme with confidential transaction details

Document formalising last month’s deal delayed by squabbles over language on ‘non-tariff barriers’, the bloc’s officials say