Large law firms are in a fierce battle for business and talent in Washington, making a merger an attractive option to stay competitive, D.C. managing partners said Wednesday.
Less than two months after McKenna Long & Aldridge and Dentons revealed they were discussing a possible combination, the leaders of their Washington offices said the firms began the dialogue in an effort to better address client needs. Talks on the merger, which would create a firm with more than 3,100 lawyers worldwide, are expected to wrap up by Jan. 1, 2014.
Joanne Zimolzak, the managing partner of McKenna's D.C. office, said clients are increasingly global and looking for help internationally. They also are seeking cost savings and synergies that can come to bear through mergers, she added.