Another Day, Another Merger: Biglaw Firm Scoops Up Midsize Firm Gutted By Departures - Above the Law
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3 Articles
Another Day, Another Merger: Biglaw Firm Scoops Up Midsize Firm Gutted By Departures - Above the Law
In an effort to expand their footprints across the United States, Biglaw firms have been raiding midsize firms in the Southeast to open new offices and fortify specific practice groups. Morris Manning & Martin — a well-regarded Am Law 200 firm that brought in $157,946,000 gross revenue last year — was so hard hit by these practices that it lost more than one third of its attorneys (about 60) to firms like Fox Rothschild, Clark Hill, Reed Smith, …
Major U.S. Law Firm Merger Creates $1 Billion Legal Powerhouse
Cincinnati-founded Taft, Stettinius & Hollister is set to merge with Atlanta-based Morris Manning & Martin, creating a combined firm boasting over 1,200 lawyers across 25 offices and projected revenues exceeding $1 billion Reuters. Merger Dynamics & Strategic Intent Scheduled to take effect on December 31, the merger marks Taft’s ninth consolidation in under 20 years, continuing its aggressive expansion strategy X (formerly Twitter)+15Reuters+15…
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