Law Firms Arnold & Porter, Kaye Scholer Set to Combine

Prominent East Coast law firms Arnold & Porter LLP and Kaye Scholer LLP are set to combine, the latest example of consolidation in a legal market struggling with tepid demand.

The two firms, each of which saw declines in revenue and profits in 2015, will merge in the new year to become a 1,000-lawyer firm with 13 offices across the U.S.,…

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