The new law firm, formed by the merger of the nation’s largest full service consumer law firm Jacoby & Meyers with America’s largest consumer bankruptcy law firm, Macey Bankruptcy, would be called Jacoby & Meyers Bankruptcy LLP. Touted as the most significant merger for consumer law in U.S. history, the merger would have the combined resources of the two nationwide law firms.
According to an officially released statement, “Jacoby & Meyers will now have more than 135 offices and be available to practice law for consumers in a wide variety of practice areas in all 50 states plus the District of Columbia. Jacoby & Meyers seeks to further separate itself from other consumer law firms in the United States by making its legal footprint across the U.S. more than four times the size of its closest law firm competitor.”
The consumer service law firm, Jacoby & Meyers, currently has more than 310 attorneys and about 600 non-attorneys on its payroll. Macey Bankruptcy Law, based in Chicago is currently the largest bankruptcy firm in North America with a client base of more than 200,000. According to estimates given by the firm, over the past 18 months, it has helped to eliminate more than $1 billion in debt for about 75,000 clients.
Tom Macey, senior partner of Macey Bankruptcy said, “In addition to its offices nationwide, Macey Bankruptcy Law credits its successful growth to its dedication to customer service and commitment to fair and reasonable fees, which are a perfect match with Jacoby & Meyers’ corporate philosophy of offering quality services at affordable rates.”
Talking on the merger, Chase Givens, a manager of merger and acquisitions in Jacoby & Meyers said, “This latest move is just part of our plans to expand the consumer legal services offered by Jacoby & Meyers. Innovating and revolutionizing the practice of law has always been a focus of our firm, and we intend to continue this tradition of finding new ways to make legal services more accessible to everyone.”