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Around the Firms
After 3 months of talks, Boston-based Ropes & Gray and New York intellectual property firm Fish & Neave have decided to join forces.
The leaders of the two firms said that they expect to merge around the end of the year. While 150-lawyer Fish & Neave will be absorbed into the 580-attorney Ropes & Gray, the Fish name will be used to designate Ropes & Gray's intellectual property practice.
The merger gives Fish & Neave the resources and clientele of a national firm while Ropes & Gray gains a premiere IP practice ' multiplying its 40-lawyer IP group fivefold ' and a strong foothold in Silicon Valley. Since opening in San Francisco 3 years ago, Ropes & Gray has had trouble recruiting partners. The San Francisco outpost now has 10 lawyers.
“This gives us a wonderful critical mass in the Bay Area,” said Ropes & Gray Chairman R. Bradford Malt.
Malt said the two firms have worked together on cases in the past and talked of combining a number of years ago. Partners considered the idea again this past summer and recently began calling on clients together.
Fish & Neave has had to struggle with ever-greater competition from general practice firms for big-ticket litigation ' and lawyers. The firm has lost at least a dozen partners in the last 20 months.
“What we have been seeing in the marketplace is a lot of competition from general practice firms” that tend to focus on litigation, McCabe said. They tend to grow their staff “by absorbing IP boutiques or parts of boutiques or taking IP partners” from these shops.
Brenda Sandburg The Recorder LFP&B
After 3 months of talks, Boston-based
The leaders of the two firms said that they expect to merge around the end of the year. While 150-lawyer
The merger gives
“This gives us a wonderful critical mass in the Bay Area,” said
Malt said the two firms have worked together on cases in the past and talked of combining a number of years ago. Partners considered the idea again this past summer and recently began calling on clients together.
“What we have been seeing in the marketplace is a lot of competition from general practice firms” that tend to focus on litigation, McCabe said. They tend to grow their staff “by absorbing IP boutiques or parts of boutiques or taking IP partners” from these shops.
Brenda Sandburg The Recorder LFP&B
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