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&lt;p&gt;&lt;span&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;A significant &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;BigLaw merger&lt;/font&gt;&lt;font face=&quot;Arial&quot;&gt;&lt;font size=&quot;2&quot;&gt; was announced today: Boston stalwart Bingham McCutchen, which has been swallowing up smaller firms in cities across the United States, Europe and Asia for the last decade, has agreed to acquire elite tax &amp;amp; structured finance boutique McKee Nelson, effective August 1&lt;sup&gt;st&lt;/sup&gt;.&lt;span&gt;&amp;nbsp; &lt;/span&gt;&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;McKee Nelson, onetime industry leader in structured finance and &lt;em&gt;&lt;span&gt;securitization, was, after that market melted, known for its relative humanity in the its conduct of layoffs.&lt;/span&gt;&lt;/em&gt;&lt;span&gt;&amp;nbsp; &lt;/span&gt;Last year, Vault had to &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;defend the selection&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt; of McKee Nelson as No. 2 on our annual &amp;#8216;Best to Work For&amp;#8217; list:&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;i&gt;&lt;span&gt;&lt;font face=&quot;Arial&quot;&gt;&lt;font size=&quot;2&quot;&gt;McKee Nelson, with its layoffs, might seem incongruous here. When I saw the results, I went back to the data to confirm that our survey data did not predate the cuts. It didn&#39;t: McKee associates commonly would qualify their responses by saying &quot;In spite of the layoffs...&quot; and then go on to praise the partners, training, culture, etc. Obviously, the way the firm handled the layoffs paid some goodwill dividends.&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;font face=&quot;Arial&quot;&gt;&lt;font size=&quot;2&quot;&gt;&lt;span&gt;&lt;font face=&quot;Arial&quot;&gt;According to the AmLawDaily, although all of McKee&amp;#8217;s lawyers will be absorbed by Bingham, t&lt;span&gt;his is not one of those self-styled &#39;mergers of equals&#39;: c&lt;/span&gt;&lt;/font&gt;&lt;/span&gt;&lt;span&gt;&lt;font face=&quot;Arial&quot;&gt;urrent McKee chair Reed Auerbach will be the only McKee lawyer on&amp;nbsp; Bingham&amp;#8217;s 12-man management committee.&lt;/font&gt; &lt;/span&gt;&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -posted by brian&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;

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