wpostServer: http://css.washingtonpost.com/wpost
Robert H. Smith School of Business
The Motley Fool

Market Foolery Featured Podcasts

  • MarketFoolery: 05.22.2013

    Federal Reserve Chairman Ben Bernanke tells Congress that it's too soon for the Fed to end its stimulus program.  JPMorgan Chase Chairman and CEO Jaime Dimon gets a vote of confidence from shareholders.   And ESPN deals with the rising cost of sports programming.

  • MarketFoolery: 05.21.2013

    Home Depot hits a new high on better-than-expected earnings news.  Best Buy slips.  And HHGregg plummets.   Our analysts discuss those stories and debate the future of solar stocks.

  • MarketFoolery: 05.20.2013

    Yahoo buys Tumblr for $1.1B.  Campbell’s Soup reports strong 3rd-quarter earnings.  And JC Penney gets two very different price targets from competing Wall Street analysts.

Capital Business
Posted at 01:26 PM ET, 12/04/2012

K&L Gates to expand global reach by absorbing Australian law firm

K&L Gates, the Pittsburgh-based law firm with one of the District’s most profitable lobby shops, plans to absorb Australian firm Middletons, creating one of the world’s largest law firms with more than 2,300 attorneys on five continents.

The combination, approved by partners at both firms Monday, will add to K&L Gates’ growing international reach by folding in Middletons’ 300 lawyers in four Australian offices under the K&L Gates brand. The merger is effective Jan. 1, and will boost K&L Gates’ presence in the Asia-Pacific region to 400 lawyers and 11 offices, including the recently announced office in Seoul that is slated to open in January.

Earlier this year, K&L Gates, which has about 235 lawyers in the District, absorbed the nine-lawyer Italian firm Marini Salsi Picciau Studio Legale.

K&L Gates chairman and global managing partner Peter Kalis will remain in the top post, and Middletons’ national managing partner Nick Nichola will become the Australia managing partner for K&L Gates.

In a joint statement, Kalis and Nichola said the combination will align the firm’s business with the businesses of clients in an era of globalization.

“With the largest integrated network of law offices and law partners of any global law firm, our clients will be able seamlessly and efficiently to access top-notch legal resources around the corner and around the world,” they said in the statement.

The combination is the second major merger involving a top U.S. law firm in less than a month. In November, SNR Denton announced it would merge with Canadian law firm Fraser Milner Casgrain and European firm Salans to form Dentons, a 2,500-lawyer firm. The merger was approved by partners last week.

By  |  01:26 PM ET, 12/04/2012

Loading...

Comments

Add your comment
 
Read what others are saying About Badges
     

    © 2011 The Washington Post Company
    Section:/blogs/capital-business