There’s a new merger taking place in the Carolinas as South Carolina’s Rogers Townsend & Thomas has merged with North Carolina’s Kellam & Pettit. The combined firm will operate as Rogers Townsend & Thomas. In a press release, Chairman Sam Waters said “The merger assures a strong presence throught the Carolinas. Kellam [...]
Continue reading...Thursday, January 7, 2010
Yesterday we reported that law firm mergers were down 24% last year. That’s according to a report from Altman Weil. That’s only half the story, however. According to Hildebrandt Baker Robbins, mergers were up slightly last year. The discrepancy is caused by the way the two firms calculate the numbers. Altman Weil [...]
Continue reading...Wednesday, January 6, 2010
Law firm mergers are expected to rise in 2010 after falling by 24 percent in 2009. There were 53 mergers last year that involved law firms with 20 or fewer employees, according to a report by Altman Weil MergerLine. The report said law firms’ “cautious approach” in 2009 came as a direct result of the ailing [...]
Continue reading...Monday, November 16, 2009
Merger talks are still underway between US firm Hogan & Hartson and the UK’s Lovells, but one importnat hurdle has now been cleared. The partners of both firms have agreed on a name. If the merger goes through, the firm will be known as Hogan Lovells, leaving Nelson Hartson out in the cold. [...]
Continue reading...Monday, October 26, 2009
Last weekwe told you that Crowell & Moring were being hush hush about rumors the firm was prepared to merge with Folger Levin & Kahn. It turns out it wasn’t quite a merger. 29 of the 56 lawyers at Folger’s San Francisco office have signed on with Crowell & Moring, including name partner [...]
Continue reading...Thursday, October 8, 2009
Hogan & Hartson has begun negotiating a merger with UK firm Lovells. Talks are still in the early stages and obviously when two firms of this size merge, there are a large number of issues to discuss. In particular, US and UK firms use very different account methods and different partnership distribution schemes, [...]
Continue reading...Wednesday, September 23, 2009
The Federal Trade Commission and the Department of Justice are reviewing the guidelines used to asses the antitrust issues raised by corporate mergers. The review will take place place at the end of this year and is expected to take six to ten months. Christine Varney, who is the assistant attorney general for [...]
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Thursday, January 7, 2010
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