Andrews Kurth, Hunton & Williams Leaders Sign Off on Merger Deal
Sources say the law firms' management have already signed paperwork agreeing to the merger, with partners potentially voting on the deal this month.
February 07, 2018 at 02:39 PM
2 minute read
Merger talks between Hunton & Williams and Andrews Kurth Kenyon now appear to be in advanced stages, with the law firms signing a merger agreement.
While the deal is not yet final, two sources familiar with the talks say the law firms' management have signed paperwork to proceed with the merger. The timeline for partners to vote on the deal is unclear, though a source previously told ALM that partners would vote this month.
The sources spoke on condition of anonymity because they were not authorized to discuss the deal. An Andrews Kurth spokeswoman declined to comment, as did a spokeswoman for Hunton & Williams.
The proposed merger has advanced despite multiple defections and group exits from Andrews Kurth Kenyon over the last few months. In 2018 alone, Andrews Kurth partners have headed to DLA Piper, Katten Muchin & Rosenman, and Haynes and Boone, while Orrick, Herrington & Sutcliffe is expected to hire a team of public finance lawyers and White & Case and Shearman & Sterling have been in advanced discussions with partners to open offices in Texas.
However, sources knowledgeable about the firms say those exits have not derailed the deal because Hunton & Williams' primary interest has been Andrews Kurth's Houston office, which has strong oil and gas and capital markets practices. Andrews Kurth has about 45 corporate partners in its Houston base alone, according to its online head count figures this week.
Andrews Kurth generated $289 million in revenue in 2016, a drop of 2.7 percent from the year before, while Hunton & Williams grew gross revenue 2.5 percent to $541 million, according to figures from The American Lawyer. Both firms have generated similar revenues per lawyer, with RPL of $820,000 for Hunton and $885,000 for Andrews Kurth in 2016.
Brenda Sapino Jeffreys contributed reporting.
This content has been archived.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 All
Simpson Thacher Partner Moves to Vinson & Elkins as Co-Head of Strategic M&A
3 minute read
Attorneys 'On the Move': McGuireWoods Hires Digital Healthcare Lawyer; Duane Morris Adds Corporate Partner
4 minute readTrending Stories
- 1First California Zantac Jury Ends in Mistrial
- 2Democrats Give Up Circuit Court Picks for Trial Judges in Reported Deal with GOP
- 3Trump Taps Former Fla. Attorney General for AG
- 4Newsom Names Two Judges to Appellate Courts in San Francisco, Orange County
- 5Biden Has Few Ways to Protect His Environmental Legacy, Say Lawyers, Advocates
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
