Bell Boyd to Merge with K&L Gates
Chicago-based Bell, Boyd & Lloyd LLP has concluded merger talks with Pittsburgh-based global firm K&L Gates, forming a combined powerhouse of over 1,900 attorneys in 31 offices across the U.S., Europe, and Asia.
Crain's Chicago Business reports that talks between the two firms began in mid-2008, with K&L Gates interested in expanding to the Chicago and San Diego markets primarily through Bell Boyd's investment management and intellectual property practices. A spokesman for K&L Gates noted that the merger was attainable for both firms in the current economic downturn because they both operate on a no-bank-debt policy, which will allow the newly-combined firm to "grow in a downturn like other firms can't." The combined firm will operate as K&L Gates LLP beginning March 1, 2009.
I think it's safe to assume that Bell Boyd attorneys will be wearing Steelers jerseys for tonight's big game.
Crain's Chicago Business reports that talks between the two firms began in mid-2008, with K&L Gates interested in expanding to the Chicago and San Diego markets primarily through Bell Boyd's investment management and intellectual property practices. A spokesman for K&L Gates noted that the merger was attainable for both firms in the current economic downturn because they both operate on a no-bank-debt policy, which will allow the newly-combined firm to "grow in a downturn like other firms can't." The combined firm will operate as K&L Gates LLP beginning March 1, 2009.
I think it's safe to assume that Bell Boyd attorneys will be wearing Steelers jerseys for tonight's big game.
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