Legislation Corporations
Merger will create ‘super-regional’ Midwestern agency
“This has been probably the most vetted transaction within the historical past of transactions,” mentioned Ulmer & Berne managing companion Scott Kadish. “It allowed us to make sure there’s a actually good match by way of tradition.” Picture from Shutterstock.
Ulmer & Berne and Greensfelder Hemker & Gale introduced Tuesday that they’re merging efficient Feb. 1, a mix that may produce a “super-regional agency” with about 275 legal professionals in 9 workplaces.
The brand new regulation agency might be referred to as UB Greensfelder and might be targeted within the Midwest, based on a Dec. 5 press release. Each companies have workplaces in Chicago, however the mixed agency’s largest workplace might be in St. Louis, the place greater than 100 legal professionals might be situated.
The merged agency would have ranked at in regards to the No. 181 spot in the newest Am Legislation 200 record primarily based on $150 million in mixed gross annual revenues, based on the press launch.
Co-managing companions of the brand new agency might be Ulmer managing companion Scott Kadish and Greensfelder president and CEO Kevin McLaughlin.
The companies first started discussing a merger in 2019, however they stalled in the course of the COVID-19 pandemic and the loss of life of McLaughlin’s predecessor, Timothy Thornton, based on Kadish and McLaughlin, who spoke with Law.com.
“This has been probably the most vetted transaction within the historical past of transactions,” Kadish mentioned. “It allowed us to make sure there’s a actually good match by way of tradition.”