Wall Street calls it value investing — buying something that’s underpriced relative to its long-term value. The legal community could label it the Bingham McCutchen strategy. Most recently, the Boston-based firm has focused its acquisitive tendencies on Washington. Little more than three years after snapping up one wounded Washington midlister, Bingham is closing the deal on another troubled office.
In early 2006, it was midsized Swidler Berlin, then hemorrhaging lawyers, that Bingham chairman Jay Zimmerman pulled into the fold. Now it’s McKee Nelson, which has seen profits stall, that has agreed to become a part of Bingham.
This content has been archived.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
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
