Mergers & Acquisitions

Lathrop GPM will merge with Silicon Valley firm Oct. 1; ‘why wait?’ managing shareholder asks

Lathrop GPM announced Wednesday that it will merge with Silicon Valley law firm Hopkins & Carley on Oct. 1.

The combined firm will still use the Lathrop GPM name, according…

Aug 22, 2024 11:05 AM CDT

Law firms are seeing ‘significant resurgence’ in financial health, new report says

Most major practice areas experienced growth in the second quarter of 2024, leading to “a significant resurgence in the financial health of law firms,” according to the Thomson Reuters Institute, which released its latest Law Firm Financial Index.

Aug 6, 2024 9:04 AM CDT

With reclassifying proposal for cannabis, companies are seeing green

The smoke is finally clearing on decades of stigma. On Thursday, the White House Office of Management and Budget signed off on a proposal for the reclassification of marijuana, puffing the way forward from a Schedule I drug to a Schedule III drug.

May 17, 2024 12:11 PM CDT

With addition of 17 lawyers, Baker McKenzie picks up most of this firm’s corporate team

Baker McKenzie has added 17 corporate and tax lawyers from Munger, Tolles & Olson, including nine partners from the Los Angeles law firm.

Apr 24, 2024 3:02 PM CDT

2 BigLaw firms in merger talks that could produce 1,600-lawyer firm with top 50 revenue

Troutman Pepper Hamilton Sanders and Locke Lord are in merger talks to create a law firm that could take a spot in the Am Law 50.

Apr 18, 2024 3:16 PM CDT

Fennemore Craig makes another mass lawyer hire, leading to closure of Denver law firm

Fennemore Craig has made a fourth mass lawyer lateral hire this year, adding about 50 lawyers and 30 staff members from Denver-based law firm Moye White, according to a report by Law.com.

Apr 2, 2024 9:00 AM CDT

Mergers are back, but is it the best decision for your firm?

Ready to join forces with another law firm? You’re just in time. Law firm mergers are back after a pandemic lull, according to a January report from Fairfax Associates. In 2023, there was a mix of mergers of firms of all sizes, including those that were looking for geographic expansion as well as those seeking niche expansion, deeper client relations and new markets.

Apr 1, 2024 2:20 AM CDT

Kilpatrick Townsend adds to M&A practice with Chicago law firm merger

Kilpatrick Townsend & Stockton is merging with a Chicago law firm, a move that will significantly increase the combined firms’ presence and corporate-focused practice in the city.

Jan 12, 2024 10:30 AM CST

Witness for fired BigLaw associate describes ‘cavalier’ body language, refusal to help in a pinch

A witness for a fired Davis Polk & Wardwell associate described a partner’s unusual email in testimony Tuesday.

Jan 10, 2024 10:46 AM CST

What were the top legal tech stories of 2023?

As 2023 draws to a close, the Legal Rebels Podcast looks at the top stories in legal technology for the year.

Dec 13, 2023 8:15 AM CST

Shearman partners approved pension cuts before merger; unfunded obligation said to be cut by 50%

Shearman & Sterling has approved cuts to its pension program before the successful vote to merge with Allen & Overy, according to reporting by Law.com.

Dec 11, 2023 10:21 AM CST

Holland & Knight accused of mistakenly sending over $3M to hackers

Holland & Knight is citing a lack of jurisdiction in a motion to dismiss a lawsuit accusing it of mistakenly sending $3.1 million to hackers using a Hong Kong account for a furniture store.

Dec 8, 2023 10:19 AM CST

Merger will create ‘super-regional’ Midwestern firm

Ulmer & Berne and Greensfelder Hemker & Gale announced Tuesday that they are merging effective Feb. 1, a combination that will produce a “super-regional firm” with about 275 lawyers in nine offices.

Dec 7, 2023 9:08 AM CST

Ex-boyfriend of Covington associate pleads guilty to using information in her files for insider trading

The former boyfriend of an associate at Covington & Burling pleaded guilty on Monday to using information he found in her files for insider trading.

Dec 6, 2023 9:25 AM CST

Where did Stroock go wrong? And what is it doing right? Dissolution spurs critiques

Before Stroock & Stroock & Lavan announced plans to dissolve “at the appropriate time,” the law firm appeared to be readying for an "orderly dissolution" that does not put partners at risk.

Nov 2, 2023 11:27 AM CDT