Taft arrives in Michigan by merging with Detroit firm
Taft Stettinius & Hollister’s entrance into the Detroit market is another step toward the firm’s goal, adopted more than a decade ago, of becoming a “dominant middle-market regional law firm.”
Taft Stettinius & Hollister’s entrance into the Detroit market is another step toward the firm’s goal, adopted more than a decade ago, of becoming a “dominant middle-market regional law firm.”
Taft Stettinius & Hollister is expanding into the Michigan market through the merger announced today with Jaffe Raitt Heuer & Weiss, the seventh-largest law firm in Detroit.
For years, Katz Korin Cunningham turned down invitations from larger firms to discuss merging, saying it was happiest being independent. But in Stoll Keenon Ogden, it found a like-minded partner that had also spurned combination offers and took pride in being self-made.
With Project Golden Spike, Dentons Bingham Greenebaum is outperforming the market in the growth of its lawyer headcount. The firm launched the Golden Spike initiative in January 2020.
Law firms completed 41 mergers in 2021. The total was up slightly from 40 in 2020, but well below the historical average of 55 mergers per year over the previous decade. Despite the slow down, Indiana’s legal community still saw some combinations take place during the pandemic.
Through its acquisition of the Institute for the Future of Law Practice in late 2020, the Law School Admission Council is continuing to branch out from its traditional LSAT test administration role and offer more legal skills programming at its online platform LawHub. The new curriculum coming from IFLP is touted as helping to better prepare law students and lawyers for the demands of today’s marketplace.
When Clendening Johnson & Bohrer merged with Hehner & Associates on March 15, 2020, just days before the lockdown, it was unimaginable how the practice of law would change between then and now.