The announcement that Herbert Smith Freehills would merge with US firm Kramer Levin Naftalis & Frankel has got chins wagging across the transatlantic market.But is this a new mega-firm in the vein of A&O Shearman, a shrewd building block for HSF to make advances in the US, or a bit of an anti-climax?What is clear is that HSF will need to prove to markets on both sides of the Atlantic why the Kramer Levin deal makes sense.Tune in to the new episode of The Lawyer Podcast as Catrin and Christian are joined by the team leading The Lawyer’s new “global elite” coverage, Matt Byrne and Nikhil Raj Aggarwal, to assess the numbers, drivers and rumours behind the latest transatlantic tie-up.

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The HSF merger: Two firms do not a transatlantic powerhouse make

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