The proposed merger between New York-based Kramer Levin Naftalis & Frankel and London-headquartered Herbert Smith Freehills has brought notable implications for Kramer’s Paris office. With the merger in the works, the 63-lawyer strong Paris branch is slated to be spun off, leaving its French partners with choices that, while available, are far from straightforward. This situation bears resemblance to that faced by Shearman & Sterling before its merger with Allen & Overy, as noted by a boutique co-founder.
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