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Legal Lasso: Law Firm Mergers to Stay Strong in 2012

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COMPILED BY LAW WEEK COLORADO’S NEWS STAFF

THE LARGEST LAW FIRM MERGER TO KICK OFF 2012 was the combination of Minneapolis-based Faegre & Benson and Baker & Daniels in Indianapolis, according to a report from the Hildebrandt Institute. The Thomson Reuters-owned research data center tracked 67 percent more merger activity among law firms than in 2010, and it predicts the trend will continue in 2012. Most of last year’s merger activity preferred regional law firms. The Faegre Baker Daniels tie-up, as well as the marriage of Denver’s Holme Roberts & Owen with St. Louis-based Bryan Cave, were among 11 U.S. law firm mergers launched in the start of 2012. That’s almost double from the mergers of 2011. The largest then: the January combination of Kilpatrick Stockton and Townsend and Townsend and Crew.

NEW PARTNERS:
*Davis Graham & Stubbs promotes Damian Arguello.
*Foster Graham promotes Jerri Jenkins, Brian Proffitt, Michael Gates and Michael Bullock.

NEW CASE-CITATION FORMAT ADOPTED by the Colorado appellate courts.

BEST ETHICS SESSION WAS WITH CONVICTED LOBBYIST, according to several Kentucky lawmakers attending a candid talk on Tuesday with Jack Abramoff.

IHS CORPORATE COUNSEL SEAN RADCLIFFE and other attorneys to give a legislative update for the Rocky Mountain Chapter of the National Investor Relations Institute.

A TEMPORARY BAN ON NEW MMJ BUSINESSES was the result of an emergency Boulder city council moratorium at the request of city attorney Tom Carr.

POOR AND JOBLESS? The American Bar Association has little sympathy for you, reports Thomson Reuters.

COUNTY ATTORNEY WANTED in Nebraska.

HE SAID IT: “It’s inconceivable to me that someone with a college education, or a graduate-level education, would not know before deciding to go to law school that the economy has declined over the last several years and that the job market out there is not as opportune as it might have been five, six, seven, eight years ago.” –American Bar Association President William Robinson, on young lawyers with educational debts struggling to find work.

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