(Courtesy photos) With Locke Lord, Troutman Pepper Merger OK'd, Firms Have Much to Decide Before January Launch
While Locke Lord and Troutman Pepper Hamilton Sanders are set to merge on Jan. 1, 2025, firm leaders remain focused on finishing 2024 strong.
September 06, 2024 at 01:41 PM
5 minute read
The original version of this story was published on The American Lawyer
What You Need to Know
- Locke Lord and Troutman Pepper Hamilton Sanders will work through a long checklist to prepare for a merger on Jan. 1, 2025.
- Those tasks include deciding how to integrate practices and administrative systems, and identifying practice group and office leaders.
- A consultant who introduced the firms said it's a strategic merger of two Am Law 100 firms, because the firms are focused on the same six industry sectors.
With Locke Lord and Troutman Pepper Hamilton Sanders set to combine on Jan. 1, 2025, leaders of the firms will focus over the next four months on how to make that happen—deciding how to meld practices and back-office systems, identifying lawyers to manage offices and practice groups and working through conflicts.
At the same time, Troutman Pepper chair Tom Cole said, he and Locke Lord chair David Taylor will focus on finishing out 2024 in "strong fashion" while also keeping partners informed on the progress of the pre-merger checklist. The fourth quarter is a busy time at law firms, when collections are a priority, along with setting a budget for the next year, Cole noted.
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