Law.com - Berwin Leighton Paisner Set for Russia Launch With Moscow Merger

Law.com - Berwin Leighton Paisner Set for Russia Launch With Moscow Merger
This is an interesting bit of news that comes at a time when most of the news of the legal community is dominated by salary cuts, bonus reductions or eliminations, reductions in staff, sometimes severe, or, worse still, simply going out of business, such as Heller and Thelen. There is some of that in this article too. Obviously, however, the breakup of one firm is another firm's gain. Nevertheless, in these difficult times, it is curious to see that, even though both firms appear to be well acquainted with the "best friends" concept, they did not chose that option and, instead, opted for a more costly, higher risk linkup.