In just one week, Ballard Spahr has announced two mergers that will expand the firm in terms of practice and sheer size.
Just Tuesday, the law firm announced that it’s taking in all 25 lawyers at the elite Levine Sullivan Koch & Schulz (LSKS), which has offices in cities like Philly and Washington D.C. The firm specializes in First Amendment cases and has represented media clients like the New York Times, the AP (in the Cosby trial), and NBCUniversal.
Last week, Ballard announced that it will join with Lindquist & Vennum, a Minneapolis-based firm known for its middle-market M&A and private equity deal making.
Once both mergers are completed, Ballard will have more than 675 lawyers in 15 offices across the country. This means that by the start of 2018, the firm will have effectively added 200 lawyers and expanded its capacity in media and entertainment law and its M&A and private equity group.
Do these consecutive mergers prove that law firms are facing more pressure to “get big or go home” (Saul Ewing recently announced a merger, too), or is the melding just business as usual? BizPhilly caught up with Ballard Spahr’s chair, Mark Stewart, to find out. Stewart also tells the hardest part about merging and what’s on the horizon for the Center City firm. Read more »