Morning News Roundup for Wednesday

This morning’s stories:

US law firm mergers rose slightly in 2008 over 2007; and experts are predicting the trend will increase in 2009 due to the economic meltdown…

Jones Day is absorbing Mexico City’s De Ovando y Martínez del Campo, to create the firm’s first Latin American office…

America’s oldest law firm, Cadwalader, Wickersham & Taft, saw its profits fall more than 30% in 2008…

Simmons & Simmons is banishing two finance partners to the firm’s Dubai office…

Littler Mendelson has announced the addition of five attorneys to its San Francisco office…