Bingham McCutchen’s ongoing odyssey to find a merger partner could be coming to an end following a recent vote by the firm in favor of a union with Morgan, Lewis & Bockius, which has yet to hold its own referendum on a potential combination.
The Am Law Daily has learned that Bingham McCutchen cleared a key hurdle toward a tie-up with Morgan Lewis this summer by quietly settling an outstanding malpractice dispute with Frank McCourt, the former owner of Major League Baseball’s Los Angeles Dodgers. Four sources knowledgeable of the matter confirmed the out-of-court agreement, whose sum is confidential and has not been previously reported. Two of those sources said it could rank as one of the largest legal malpractice settlements in history.
