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Piper to Merge With English Firm?
For the last year, Piper Rudnick, which has experienced growth over the past several years, has been discussing a merger with English firm DLA, which has approximately 1800 attorneys and a powerful presence in Europe and Asia. The word is that an agreement in principle is soon to come. Piper partner George Mitchell, a former Senate Majority leader, would be the new firm's executive chairman. Nigel Knowles, who heads DLA, would share CEO responsibilities along with Piper's co-chairs, Francis “Frank” Burch Jr. and Lee Miller.
Unlike the '90s merger between Piper & Marbury and Rudnick & Wolfe, ambition is the driving force behind the DLA move. However, the firms are not entirely equal. Although they have similar per-partners profits, the per-lawyer revenue is quite different, with Piper's approximately double DLA's. If the merger happens, the product would be one of the 10 largest firms in the world and a live experiment in culture blending.
Washington, DC litigation shop Shea & Gardner has 70 lawyers; Boston's Goodwin Procter has 500 lawyers in Boston, New York, New Jersey and DC. Managing partners at both firms have reported that in October the two firms will merge and a new Goodwin Procter will be created. The new office will have 85 attorneys.
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