Partners at Morgan, Lewis & Bockius LLP on Friday voted to hire the majority of partners at troubled Boston law firm Bingham McCutchen LLP, the Wall Street Journal reported on Saturday. The mass transaction is expected to close by the end of November, according to Morgan Lewis. The two firms had been in negotiations for months about a potential combination, talks that Bingham initiated after a rocky 18 months marked by partner exits and disappointing financial results. The deal would boost Morgan Lewis’s headcount to nearly 2,000 lawyers and could vault the firm into the top five U.S. law firms by gross revenue.
