ILNews

IndyBar: US Law Firms on Pace for Record Year

Back to TopCommentsE-mailPrintBookmark and Share

There were 18 law firm mergers and acquisitions announced in the United States in the second quarter of 2013, according to Altman Weil MergerLine. At the mid-year point, there have been 39 total mergers, putting 2013 on a potentially record–setting pace.

“The largest annual total for US law firm mergers was 70 in 2008,” according to Altman Weil principal Ward Bower. “If the pace continues, it looks like 2013 will surpass that record.”

The largest deal announced in the second quarter of 2013 was the combination of Husch Blackwell, a 543-lawyer law firm headquartered in St. Louis, and Brown McCarroll, a 65-lawyer Texas firm. Chicago-based global law firm Baker & McKenzie announced the only cross-border deal of the second quarter, acquiring 45-lawyer Habib Al Mulla in Dubai.

In other relatively sizeable combinations, 300-lawyer, Southern regional law firm Adams and Reese acquired Ellis Lawhorne, a 23-lawyer firm in Columbia, South Carolina; and 560-lawyer, Philadelphia-based Fox Rothschild added 16 lawyers in Denver with the acquisition of Lottner Rubin Fishman Saul.

The other 14 deals announced in April, May and June 2013 were acquisitions of small law firms with 10 lawyers or fewer.

“Typically, the majority of law firm combinations are acquisitions of small law firms, because subsequent integration is so much easier for a dominant acquirer,” said Bower.

In addition to the April, May and June law firm combinations, there were four deals announced at the end of last year that were finalized in the second quarter of 2013.

In April, SNR Denton concluded two mergers with Paris-based law firm Salans and with Canadian firm Fraser Milner Casgrain to create a new 2,500-lawyer, global firm renamed Dentons. In June, U.K.-based Norton Rose finalized its combination with 850-lawyer Fulbright & Jaworski, establishing a major U.S. presence through the merger.

The complete list of law firm mergers and acquisitions announced to date in 2013 as well as an archive from prior years and a six-year trend summary are available online at www.altmanweil.com/MergerLine.•

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in Indiana Lawyer editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Indiana State Bar Association

Indianapolis Bar Association

Evansville Bar Association

Allen County Bar Association

Indiana Lawyer on Facebook

facebook
ADVERTISEMENT
Subscribe to Indiana Lawyer
  1. All the lawyers involved in this don't add up to a hill of beans; mostly yes-men punching their tickets for future advancement. REMF types. Window dressing. Who in this mess was a real hero? the whistleblower that let the public know about the torture, whom the US sent to Jail. John Kyriakou. http://www.nytimes.com/2013/01/26/us/ex-officer-for-cia-is-sentenced-in-leak-case.html?_r=0 Now, considering that Torture is Illegal, considering that during Vietnam a soldier was court-martialed and imprisoned for waterboarding, why has the whistleblower gone to jail but none of the torturers have been held to account? It's amazing that Uncle Sam's sunk lower than Vietnam. But that's where we're at. An even more unjust and pointless war conducted in an even more bogus manner. this from npr: "On Jan. 21, 1968, The Washington Post ran a front-page photo of a U.S. soldier supervising the waterboarding of a captured North Vietnamese soldier. The caption said the technique induced "a flooding sense of suffocation and drowning, meant to make him talk." The picture led to an Army investigation and, two months later, the court martial of the soldier." Today, the US itself has become lawless.

  2. "Brain Damage" alright.... The lunatic is on the grass/ The lunatic is on the grass/ Remembering games and daisy chains and laughs/ Got to keep the loonies on the path.... The lunatic is in the hall/ The lunatics are in my hall/ The paper holds their folded faces to the floor/ And every day the paper boy brings more/ And if the dam breaks open many years too soon/ And if there is no room upon the hill/ And if your head explodes with dark forbodings too/ I'll see you on the dark side of the moon!!!

  3. It is amazing how selectively courts can read cases and how two very similar factpatterns can result in quite different renderings. I cited this very same argument in Brown v. Bowman, lost. I guess it is panel, panel, panel when one is on appeal. Sad thing is, I had Sykes. Same argument, she went the opposite. Her Rooker-Feldman jurisprudence is now decidedly unintelligible.

  4. November, 2014, I was charged with OWI/Endangering a person. I was not given a Breathalyzer test and the arresting officer did not believe that alcohol was in any way involved. I was self-overmedicated with prescription medications. I was taken to local hospital for blood draw to be sent to State Tox Lab. My attorney gave me a cookie-cutter plea which amounts to an ALCOHOL-related charge. Totally unacceptable!! HOW can I get my TOX report from the state lab???

  5. My mother got temporary guardianship of my children in 2012. my husband and I got divorced 2015 the judge ordered me to have full custody of all my children. Does this mean the temporary guardianship is over? I'm confused because my divorce papers say I have custody and he gets visits and i get to claim the kids every year on my taxes. So just wondered since I have in black and white that I have custody if I can go get my kids from my moms and not go to jail?

ADVERTISEMENT