The two law firms jointly commented: “Together we have concluded that, while a merger between our firms presented an attractive opportunity with clear benefits for our clients and our people, ongoing negotiations highlighted considerations that prevented further progress.
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“For both our firms, this merger represented an exciting opportunity rather than a business need.
“We remain on excellent terms and we will now focus again on our respective growth plans to capitalise on the strong momentum that we are both enjoying.”
The firms will not be providing any more comments or details on the matter at this time.
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