Home

Law Firm Merger Numbers in 2011 to Continue in 2012
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

The law firm consultancy The Hildebrandt Institute, has found that mergers amongst law firms increased by 65 percent from 2010 to 2011, and the report expects that more mergers will occur in 2012.

Kilpatrick Stockton joining with Townsend and Townsend and Crew was the largest merger in the United States last year, according to the Hildebrandt report. The second largest merger in the United States was the one between Edwards Angell Palmer & Dodge’s and Wildman, Harrold & Dixon. The data compiled by Hildebrandt includes only mergers that have been completed in 2011, not ones that have been announced but not officially completed.

  
What
Where


The report also notes that there were 14 mergers completed in the fourth quarter of 2011, a 55 percent increase over the nine mergers that occurred in the third quarter. According to the report, there were 45 mergers that involved United States law firms in 2011, a 65 percent increase from the 27 that occurred in 2010.

The report from Hildebrandt also says that mergers in the country were regional, not national or international, showing that activity could be increasing to numbers seen before the recession. Those numbers included yearly merger averages of about 55 per year.

The most active merger areas of the country, as noted by the report, include Los Angeles (six law firm mergers), Texas (five, with four coming in Houston), Illinois (four) and Florida and New Jersey (each had three).

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 law firms that made Hildebrandt’s list for 2012 include Bingham Greenebaum Doll, Faegre Baker Daniels, Ice Miller, and Norton Rose Canada. Another 2012 merger expected to be completed is that of Hagood & Kerr being acquired by Moore & Van Allen. The two law firms announced that they would merge in January back on December 28, 2011. Four partners and five associates will be added to the Moore & Van Allen Charleston office, which houses 30 lawyers right now.

A founding member of Hagood & Kerr, Ben Hagood, Jr., is a former South Carolina state legislator. Hagood Jr. specialized in government affairs work. The addition of the Hagood & Kerr practice to that of Moore & Van Allen will help to expand the expertise of Moore & Van Allen in the areas of labor and employment, transactions, and bankruptcy.



Moore & Van Allen, according to their financial records, saw its revenue increase by 2.2 percent to $164.5 million in 2010. The report also shows that profits per partner increase 8 percent to $870,000. The revenue per lawyer was $585,000.

According to the Hildebrandt report, the international sector has also seen interest in law firm mergers. Asia, Australia, Canada and the United Kingdom were noted by Hildebrandt as seeing major law firm mergers in 2011.



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Mid-level Construction Associate Attorney

USA-DC-Washington

Washington, D.C. office of our client seeks mid-level construction associate attorney with 3-4 years...

Apply Now

RELEVANT JOBS

Litigation (General and/or Family Law) Attorney

USA-IL-Salem

Hunter Law Firm, P.C., presently a 3-attorney general practice firm located in Salem, Mari...

Apply now

Senior Associate- New York, NY

USA-NY-New York City

Small, collegial firm, with focus on ERISA and union side labor law, has opportunity with growth pot...

Apply now

Vice President and General Counsel

USA-NY-Long Island City

VICE PRESIDENT AND GENERAL COUNSEL CLASS CODE: SC103 SALARY RANGE: $119,387.00 - $220,397.00 ...

Apply now

Paralegal

USA-MA-Springfield

Commercial real estate paralegal. Prepare documents for commercial real estate transactions.  G...

Apply now

SEARCH IN ARCHIVE

To Top