Stinson Leonard Street Absorbs IP Boutique in St. Louis
When its merger with intellectual property firm Senniger Powers takes effect Oct. 1, Stinson will have about 75 lawyers in Clayton, Missouri, which borders St. Louis.
August 16, 2018 at 05:21 PM
3 minute read
Kansas City-based Am Law 200 firm Stinson Leonard Street has completed its second acquisition since the spring, adding two dozen lawyers in the St. Louis area.
After a merger with intellectual property firm Senniger Powers takes effect Oct. 1, Stinson will have about 75 lawyers in Clayton, Missouri, which borders St. Louis. The combination will add about 24 lawyers and 14 staff to the firm, managing partner Mark Hinderks said.
“We have a good IP group currently, but this will give us more depth in our technical specialties … so we can go after the highest level of IP business,” Hinderks said. “In the St. Louis market this gives us additional scale that will also be helpful.”
Hinderks said the merger advances the firm's goal of developing its technology industry group, and helps improve efficiency in resource allocation and pricing for clients in the St. Louis area. He noted that the two firms have similar rate structures, so no merger-driven rate increases will be implemented.
Senniger Powers' lawyers and staff will be moving into Stinson's existing office space in Clayton, which Hinderks said is a “center of gravity” for clients in the St. Louis area. The two firms have some overlapping clients, he said, but there are also a number of Senniger Powers clients that will be new to Stinson.
Hinderks said he got to know Senniger Powers partner and executive committee member Robert Evans Jr. when they represented co-defendants in a patent litigation, before Hinderks became a managing partner. They worked closely together for several years on the litigation, he said, and stayed in touch since. Then this spring, they found themselves discussing the idea of a merger.
“We are excited for the opportunity to grow our resources in the St. Louis market and to expand our national reach,” Senniger Powers managing partner Kurt James said in a statement. “Our clients will greatly benefit from Stinson's depth of experience in numerous practices and industries as well as cross-market collaboration.”
It's the firm's second market-expansion by merger this year. Stinson combined with Dallas-based Lackey Hershman in May, adding 16 lawyers and a new office in Dallas.
The firm in its current form can be traced back to a merger of near-equals back in 2013, when Kansas City-based Stinson Morrison Hecker combined with Minneapolis-based Leonard Street and Deinard. Leonard Street, the smaller of the two, was 208 lawyers at the time.
“Doing a merger is an opportunity to make more than incremental progress at one time to get mutual access to expanded client bases and to … extend into new practices that are already integrated pretty well together without you having to weave them together yourself,” Hinderks said. ”It is more of a giant leap.”
READ MORE:
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllA Look Back at High-Profile Hires in Big Law From Federal Government
4 minute readArnold & Porter Matches Market Year-End Bonus, Requires Billable Threshold for Special Bonuses
3 minute readGrabbing Market Share From Rivals, Law Firms Ramped Up Group Lateral Hires
Trending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250