Home

Law Firm Mergers to Spike in 2009
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

According to a survey by consulting firm Hildebrandt International, 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.

In 2008, 55 law firm mergers and acquisitions were completed, up from 54 in 2007. But only 13 days into this year, 20 mergers have been completed.

Law firm mergers have generally been on the rise since 2004, when there were 49; in 2006, 59 mergers occurred.

  
What
Where


The largest merger of 2008 was in January, when Kansas City, Missouri’s Blackwell Sanders absorbed St. Louis’ Husch & Eppenberger. The resulting firm, Husch Blackwell Sanders, has a headcount of 630 attorneys.

The second-largest merger was between Chicago’s Mayer Brown and Hong Kong’s Johnson Stokes & Master. Other significant mergers included: K&L Gates and Kennedy Covington Lobdell & Hickman as well as Hughes & Luce; McGuireWoods and Helms Mulliss & Wicker; and Reed Smith and Richards Butler.

The largest of the firm mergers that have already taken place in 2009 are between Bryan Cave and Atlanta’s Powell Goldstein, followed by Bradley Arant Rose & White and Boult, Cummings, Conners & Berry.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The Hildebrandt survey also found that 244 new law firm branch offices opened last year. One hundred and twnmety were in the United States, while 124 were outside the country.

Via NLJ.





 

RELEVANT JOBS

National Firm seeks seasoned Corporate M&A partner in Austin with Big Law experience

USA-TX-Austin

Culhane Meadows PLLC, one of the largest non-traditional (remote-workplace) law firms in the country...

Apply now

National Firm seeks seasoned Corporate M&A partner in Houston with Big Law experience

USA-TX-Houston

Culhane Meadows PLLC, one of the largest non-traditional (remote-workplace) law firms in the country...

Apply now

National Firm seeks seasoned Corporate M&A partner in Dallas with Big Law experience

USA-TX-Dallas

Culhane Meadows PLLC, one of the largest non-traditional (remote-workplace) law firms in the country...

Apply now

Trusts and Estates Paralegal

USA-PA-Philadelphia

We are looking for a paralegal with a 4-year degree and paralegal certificate, or equivalent experie...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Associate Attorney

USA-CA-San Francisco

San Francisco office of a BCG Attorney Search Top Ranked Law Firm seeks associate attorney with 1+ y...

Apply Now

Civil Defense Litigation Attorney At Law

USA-MO-Olivette

Olivette office of our client seeks civil defense litigation attorney at law with 1-10 years of expe...

Apply Now

Labor and Employment Law Associate Attorney

USA-CA-Walnut Creek

Walnut Creek office of our client seeks labor and employment law associate attorney with 5-7 years o...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top