Mergers & Acquisitions

525 ABA Journal Mergers & Acquisitions articles.

After talks end with 1 BigLaw firm, Shearman announces plans to merge with another

Updated: Shearman & Sterling and Allen & Overy announced a merger Sunday, just two months after Shearman and Hogan Lovells called off merger talks.

May 22, 2023 9:04 AM CDT

How are BigLaw firms faring in first quarter? Billable hours are at 15-year low

Demand for legal services is down slightly, while lawyer head count is increasing—a combination that is resulting in a decline in average billable hours, according to a survey of BigLaw firms by Wells Fargo’s Legal Specialty Group.

May 4, 2023 12:02 PM CDT

Merger creates ‘ultimate training data set’ for legal AI, Fastcase and vLex say

Legal technology companies vLex and Fastcase say their newly announced merger will hasten the development of legal artificial intelligence tools through a global law library that draws on more than 1 billion legal documents.

Apr 11, 2023 1:08 PM CDT

BigLaw firm acknowledges cyberattack on vendor left its data exposed

Proskauer Rose has said it is investigating an incident in which its data was exposed on a cloud-based platform.

Apr 10, 2023 11:32 AM CDT

Weekly Briefs: Justice Thomas responds to luxury trips story; suit filed over Idaho AG’s abortion referrals opinion

Justice Thomas: I was following colleagues’ advice on luxury trips

U.S. Supreme Court Justice Clarence Thomas said he was following guidance from colleagues and others in the judiciary when he…

Apr 7, 2023 2:13 PM CDT

Shearman leader will ‘begin to pass the torch’ after failed merger talks, overseas partner departures

Shearman & Sterling is speeding up the transition to a new leader after its merger talks with Hogan Lovells failed.

Mar 9, 2023 12:47 PM CST

Weekly Briefs: Lawyer’s Super Bowl ad leads to litigation; 2 BigLaw firms end merger talks

NFL objects to firm’s Super Bowl ad, leading to suit

The Dimopoulos Law Firm in Las Vegas is seeking a declaratory judgment that its Super Bowl commercial did not infringe…

Mar 3, 2023 2:27 PM CST

Weekly Briefs: Legal jobs increase in January; 11th Circuit doesn’t rule out execution by firing squad

Legal industry adds 2,400 jobs

The legal services sector added 2,400 jobs in January, according to preliminary and seasonally adjusted figures released Friday by the U.S. Bureau of Labor Statistics.…

Feb 3, 2023 3:09 PM CST

Why is Shearman & Sterling reportedly looking for a merger partner?

Shearman & Sterling didn’t keep up with its BigLaw counterparts after the 2008 financial downturn. Shearman’s head count and gross revenues lagged behind that of growing competitor law firms.

Jan 31, 2023 11:34 AM CST

Atlanta-based Smith Gambrell’s merger will produce nearly 400-lawyer firm

Atlanta-based Smith, Gambrell & Russell and Chicago-based Freeborn & Peters have announced that they will combine in a merger effective March 1.

Jan 25, 2023 9:07 AM CST

BigLaw firm will add about 100 lawyers and bolster fintech regulatory expertise through merger

Orrick Herrington & Sutcliffe is gaining about 100 lawyers through a merger with Buckley, a deal that will create a “financial services and fintech law powerhouse,” the law firms said Thursday.

Jan 20, 2023 12:24 PM CST

Holland & Knight will merge with Tennessee law firm

Holland & Knight has announced a merger with Waller Lansden Dortch & Davis, a Nashville, Tennessee-based law firm with more than 280 lawyers.

Jan 6, 2023 2:44 PM CST

Merger will create Southeastern law firm with more than 550 lawyers

Alabama-based Maynard Cooper & Gale and Carolinas-based Nexsen Pruet have announced a merger that will create a law firm with more than 550 lawyers.

Jan 6, 2023 2:23 PM CST

Amid rumors of merger talks, Hogan Lovells and Shearman & Sterling say they always look for opportunities

A handful of lawyers have left Hogan Lovells and Shearman & Sterling amid reports that the two law firms are in merger talks.

Jan 3, 2023 12:58 PM CST

Weekly Briefs: 2 suits against Trump are tossed; lawyers jump to BigLaw from virtual firm

Trump wins dismissal of suits by niece, former lawyer

Former President Donald Trump won dismissals Monday of lawsuits filed against him by his niece Mary Trump and his Nov 18, 2022 3:23 PM CST

Read more ...