More on
the Piper Rudnick/DLA deal again courtesy of The Financial
Times. Nigel Knowles, managing partner of DLA, tosses
out the unnecessary comment that "Piper Rudnick’s reasons [for the
deal] may be slightly more defensive, while ours may be slightly
more opportunistic," premised on, well premised on, OK I got it,
premised on the assumption that Piper Rudnick needs to be in Europe
and Asia but DLA doesn’t really need to be in the US. If this
is an early exercise in neck-biting, it augurs poorly.
The plain fact remains, as even Mr. Knowles acknowledges, that if
you want to do the highest-value work, you need a "solution" that includes
the US. I stick by my guns that this merger bodes well to be
one of the fairest in the land, but would somebody get Knowles re-write?
Update: Law.com’s coverage is here.
Update update: You thought I was snarky about Knowles? Check
out The
Lawyer: "DLA Goes Galactic."
