Source: Reuters
U.S. law firms Troutman Pepper Hamilton Sanders and Locke Lord said on Thursday they are in talks to merge, in what would be the largest law firm combination to emerge so far this year.
Troutman Pepper and Locke Lord “can confirm they have entered into discussions about a possible combination,” spokespeople for the two firms said in identical statements.
The firms said their priority is “delivering exceptional legal services to our clients” and declined further comment.
Troutman Pepper, the larger of the two firms, has more than 1,100 lawyers in 22 U.S. cities, according to its website. The firm was born from a 2020 merger between Atlanta-founded Troutman Sanders and Philadelphia-founded Pepper Hamilton.
Troutman Pepper generated about $1.08 billion in gross revenue in 2023, according to figures published by the American Lawyer.
Read full article: https://www.reuters.com/legal/legalindustry/us-law-firms-troutman-pepper-locke-lord-talks-merge-2024-04-18/
