Page 18 - CLT010421

18 ¦ JANUARY 4, 2021 NEWS

Gone but Not Forgotten: The Law Firm
Names You Won’t See in 2021

By Dan Roe

Photo: John_T/Shutterstock.com

Law firm mergers and acquisitions dropped off separate for now. “When you’re a big firm in the Am
when the pandemic hit in March, but 2020 still Law 100, to be strong, you need to be strong in New
saw 60 combinations as of December 11, ac- York,” said Duane Morris chairman Matthew Taylor in
cording to the Altman Weil MergerLine. That means a February interview with The American Lawyer.
a handful of storied firm names will be going away,
many of them in Pennsylvania and New Jersey. Am Redgrave
Law 100 and midsize firms swallowed up most of the In a move expected to close in February, Am Law
firms that were acquired in 2020. These are some of 100 firm Nelson Mullins Riley & Scarborough is set to
the firm names you won’t be seeing in the future. expand its e-discovery and information law practice
with the acquisition of e-discovery firm Redgrave.
The Virginia firm will bring 45 lawyers and profes-
Satterlee Stephens
Effective Feb. 1, this 65-attorney New York com- sionals and $25 million in annual revenue to Nelson
mercial law firm merged with Duane Morris, the Mullins, The American Lawyer reported.
Philadelphia-based Am Law 100 firm. The American The new practice, Nelson Mullins’ Encompass Red-
Lawyer reported that Satterlee Stephens brought $40 grave, will combine Redgrave with Nelson Mullins’ e-
million in annual revenue to Duane Morris, whose discovery subsidiary, Encompass. It will include 130
annual revenue is now at least $530 million. lawyers, technologists and data managers.
All of Satterlee Stephens’ lawyers and staff were invit- “Large Am Law 50 firms have figured out this is an
ed to join Duane Morris, which previously had just un- area of significant risk. What we’re seeing—and predict
der 100 lawyers in New York. The firms’ offices remain we’ll see more of—is larger firms are a lot more comfort-

CONNECTICUT
Law Tribune