No-brainers

Mergers slowed by regulation hurdles Not too sure if we should be blaming the regulators entirely for blocking more mergers. I think a share of the blame has to fall on the lawyers who advise their clients that they can get mergers through which are simply no-brainers. I advised a former client a few years back that they would have no chancein getting a particular merger through the ACCC. They decided to pursue the merger anyway with a different law firm. The deal was ultimately rejected by the regulator after a prolonged and no doubt very expensive merger investigation. Lawyers have to learn to say "no" to their clients...at least some of the time!

https://www.lawyersweekly.com.au/biglaw/25114-mergers-slowed-by-regulation-hurdles