Law Practice Management
Nixon Peabody: Our 125 New Lawyers Are Just the Start of a Big Growth Plan
Posted Nov 17, 2008 3:50 PM CDT
By Martha Neil
The 125 or so lawyers that Nixon Peabody has recently agreed to add to its attorney roster from Thelen and Taylor Wessing are just the beginning of a much bigger global expansion plan, the New York-based international law firm hopes.
It has appointed a committee to oversee a planned doubling in size of the soon-to-be 825-attorney law firm, within the next three to four years, reports Legal Week. And, at that point, Nixon Peabody expects to have about 25 percent of its attorney troops in non-United States offices.
Two partners are in charge of the new global strategies initiative group, which is comprised of a total of 50 partners but has 10 key members, the legal publication reports. They are "Mats Carlston, global head of finance, and Michael Murphy, who heads the insurance, reinsurance and financial services industry practice. The two will have a finance and M&A objective respectively."
London is a key area for expansion, and the firm reportedly would like to grow its practice there via a merger with a United Kingdom firm.
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