Latest Clark Hill combination adds to busy year for law firm mergers

  • Clark Hill combined with Chicago agency Funkhouser Vegosen Liebman & Dunn
  • The deal is the third regulation organization tie-up for Clark Hill this yr

July 6 (Reuters) – Clark Hill is growing once again by way of a combination with a more compact law company, expressing on Thursday that it has absorbed a 16-attorney firm in Chicago.

The combination with Funkhouser Vegosen Liebman & Dunn is Clark Hill’s third legislation firm deal in 2023, pursuing tie-ups with compact Philadelphia based corporations Larsson & Scheuritzel and Conrad O’Brien before this 12 months.

4 legal professionals from actual estate organization Larsson & Scheuritzel joined Clark Hill in January, even though 18 attorneys from litigation company Conrad O’Brien started off there in February.

Law agency mergers amplified in the initially half of 2023 in comparison to the same interval in 2022 and 2021, in accordance to facts launched Monday by lawful consultancy Fairfax Associates. Fairfax tracked 28 finished mergers in the 1st 50 % of the yr, as opposed with 25 bargains just about every in that time period in 2022 and 2021.

Clark Hill CEO John Hensien reported the company, which has about 700 lawyers overall in the United States, Ireland and Mexico, is growing its market place presence to the “proper dimensions” in present offices.

The legislation business went by two larger mergers in 2017 and 2018, with 100-attorney Morris Polich & Purdy and 200-law firm Strasburger & Selling price. People combinations led to Clark Hill obtaining “a considerable selection of workplaces for a firm of our dimensions,” Hensien explained. The business at this time has 27 places of work.

Attorneys from Funkhouser Vegosen Liebman & Dunn exercise throughout parts which includes company legislation, professional litigation, mental residence, engineering, banking and mergers and acquisitions, the agency claimed.

Co-founder Vance Liebman in a assertion known as the blend “the fruits of a strategic method we began 18 months in the past, looking at all the things from our succession scheduling to anticipating shopper wants going ahead.”

Clark Hill has been in Chicago since 2007, and with the new attorneys from Funkhouser Vegosen Liebman & Dunn will have additional than 90 attorneys in the town, the firm mentioned.

Read far more:

Law business mergers ticked up in initial 50 percent of 2023, report states

Detroit’s Clark Hill expands in Philly with most current regulation firm merger

Clark Hill merger with Phoenix legislation business doubles Arizona presence

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Sara Merken studies on the company of legislation, including legal innovation and legislation corporations in New York and nationally.