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Morgan Lewis

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BUSINESS
July 16, 2009 | By Chris Mondics INQUIRER STAFF WRITER
Morgan, Lewis & Bockius L.L.P. of Center City, citing downward pressure on rates and reduced demand in some practice areas, said that it would not conduct on-campus interviews this year and that it had canceled next year's summer internship program. Summer internships typically lead to job offers, and students interview for those positions in the summer following their second year of law school. The Center City law firm had already announced that it would defer start dates by one year for first-year lawyers scheduled to join the firm in the fall.
BUSINESS
January 14, 1987 | By Terry Bivens, Inquirer Staff Writer
Morgan, Lewis & Bockius, Philadelphia's largest law firm, is increasing its presence in Southern California through the acquisition of a law firm with offices in Los Angeles and San Diego. The firm, Hahn Cazier & Smaltz, has 46 lawyers. Morgan Lewis said Monday that most of the lawyers would move to the Morgan Lewis office in Los Angeles, increasing that office to 100 lawyers. Morgan Lewis also will take over Hahn Cazier's 11-lawyer office in San Diego. The acquisition, effective Feb. 1, will make the Los Angeles office Morgan Lewis' third-largest, behind the Philadelphia and Washington offices.
BUSINESS
July 24, 2014 | By Chris Mondics, Inquirer Staff Writer
Morgan, Lewis & Bockius L.L.P., of Center City, is reportedly among a handful of firms in merger talks with Boston-based Bingham McCutchen. Morgan Lewis, already one of the nation's largest firms, with 1,400 lawyers, would grow to well over 2,000 if the firms combined. Both firms declined to comment Tuesday. News of the discussion first emerged in a report by Reuters. In the last year, Bingham McCutchen, with 850 lawyers, has gone through a leadership change and a decline in revenue.
BUSINESS
September 25, 2014 | By Chris Mondics, Inquirer Staff Writer
Philadelphia's Morgan, Lewis & Bockius L.L.P. is moving closer to an acquisition of Boston-based Bingham McCutchen L.L.P., a combination that would create one of the largest law firms in the world. People familiar with the negotiations said leaders of the firms reached a tentative agreement over the weekend, but stressed that it had many conditions and that discussing the terms would take weeks. Both firms have been tight-lipped about the talks, which began this year, acknowledging only that a possible acquisition was in the works.
BUSINESS
February 17, 2003 | By Bob Fernandez INQUIRER STAFF WRITER
Philadelphia's largest law firm, Morgan, Lewis & Bockius, is expanding onto the West Coast by adding 125 lawyers from a Silicon Valley firm that was crushed by debt and ravaged by defections. Brobeck, Phlegar & Harrison, which boomed by providing legal services to technology companies, collapsed on Jan. 30. At the height of the tech craze in early 2000, the firm employed 1,000 lawyers, and believed it could dominate the legal landscape in venture capital and emerging technologies.
NEWS
September 5, 1998 | by Erin Einhorn, Daily News Staff Writer
Even before the National Constitution Center had time to extend its tin cup, a Philadelphia law firm has stepped forward with the first major private contribution. Mayor Rendell, the Constitution Center chairman, had not planned to solicit money for the proposed $130 million center until after federal funds were lined up. But Morgan, Lewis & Bockius, the nation's fourth-largest law firm, with offices in Philadelphia and worldwide, beat him to the punch. It plans to announce Tuesday that it will donate a total of $600,000 in cash and law-firm time as a way to commemorate the firm's 125th anniversary.
BUSINESS
October 17, 1996 | By Julie Stoiber, INQUIRER STAFF WRITER
A month after the city's largest law firm announced it was moving out of One Logan Square, another major law office said yesterday that it was moving in. Blank, Rome, Comisky & McCauley worked out a "dream deal" for eight floors in the Class A office tower at a lower rate initially than it pays at 4 Penn Center, the Class B space it has occupied for 34 years, said the firm's managing partner, David. F. Girard-diCarlo. The move to One Logan Square, at 18th and Cherry Streets, will be completed by September.
BUSINESS
January 17, 1998 | By Jane M. Von Bergen, INQUIRER STAFF WRITER
Morgan, Lewis & Bockius, the Philadelphia law giant, has snagged five real estate partners from Pepper, Hamilton & Scheetz - two from the firm's Philadelphia headquarters and three from its Washington office. Morgan Lewis' move, announced yesterday, cuts the number of partners in Pepper Hamilton's real estate department in half. Among those departing was the head of that practice, Robert D. Lane Jr. "It's not something I'm happy about," said James Murray, executive partner at Pepper Hamilton.
BUSINESS
September 18, 1996 | By Nathan Gorenstein, INQUIRER STAFF WRITER
Philadelphia's Morgan, Lewis & Bockius, the nation's fourth-largest law firm and one of the city's preeminent legal practices, is leaving its prestigious offices at One Logan Square and moving into a vacant building at 17th and Market Streets. The lure is lower rent, more floor space, and an 18-story building that will be all its own. The move, announced yesterday afternoon, is scheduled to be completed in September 1998, after the new location, Six Penn Center, undergoes a multimillion-dollar renovation to bring it up to the standards of a firm with 800 lawyers in seven nations.
BUSINESS
December 14, 1998 | By Henry J. Holcomb, INQUIRER STAFF WRITER
Morgan, Lewis & Bockius, the city's largest law firm, has turned a dirty-gray eyesore in the shadow of Liberty Place into a gleaming window into how big-time law will be practiced in the 21st century. It moved late last month from One Logan Square, next to the Four Seasons Hotel, with its handsome views of the Benjamin Franklin Parkway, to far more functional quarters that Conrail, the freight railroad, left in 1993. The ugly porthole windows have been replaced with strips of glass, and an attractive entrance off the courtyard it shares with the 53-story Mellon Bank Center is taking shape, part of a complete renovation that cost in excess of $50 million.
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ARTICLES BY DATE
BUSINESS
January 8, 2016 | By Chris Mondics, Staff Writer
Law firm mergers and acquisitions reached a record number last year as firms sought to overcome static growth in corporate legal spending by grabbing market share. Nationwide, there were 91 such mergers, three more than in 2014, according to Newtown Square-based legal consultant firm Altman Weil. Among Philadelphia firms that acquired smaller law firms in the United States and abroad were Morgan Lewis, Fox Rothschild, Cozen O'Connor, and Blank Rome. "Law firm mergers and acquisitions are a primary strategy to acquire new business in a market where demand is flat or constrained," said Altman Weil principal Ward Bower.
BUSINESS
November 9, 2015 | By Chris Mondics, Inquirer Staff Writer
WASHINGTON - Catherine Botticelli has seen some big changes in Washington since she started working there as a lawyer in the 1990s. The reach of Washington regulators has extended and so has their scrutiny of U.S. businesses. More and more, oversight agencies and law enforcement go after not only companies but also the people who run them. "After the [2008] credit crisis, there was this sense that people commit wrongful acts, not just companies," said Botticelli, a senior partner at Dechert L.L.P., a global law firm based in University City.
BUSINESS
April 8, 2015 | By Chris Mondics, Inquirer Staff Writer
Law-firm mergers, bolstered by the recovering legal market, are off to a quick start this year, according to the Newtown Square legal-consulting firm Altman Weil, which logged 29 combinations in the first quarter. It was the second-fastest pace since Altman Weil began tracking law-firm mergers in 2007, and reflects the growing confidence of firms that their businesses have substantially recovered from the sharp downturn in revenue in 2009 and 2010. Included in the tally is Morgan Lewis's announced combination with the Singapore-based firm Stamford Law Corp., a transaction that closed Wednesday.
NEWS
March 17, 2015 | By Chris Mondics, Inquirer Staff Writer
Center City-based Morgan Lewis, the largest law firm in the U.S. in terms of lawyers based domestically, is growing again, this time overseas. The firm said Sunday it was combining with the Stamford Law Corp., an 80-lawyer firm based in Singapore, a booming commercial hub and island nation with a large footprint in shipping, manufacturing, and financial services. The announcement follows by four months Morgan Lewis' acquisition of much of the Bingham McCutchen law firm of Boston, a transaction that vaulted Morgan into the top ranks of firms globally.
BUSINESS
January 5, 2015 | By Chris Mondics, Inquirer Staff Writer
When Morgan Lewis & Bockius L.L.P. closed on its acquisition of the Boston law firm of Bingham McCutchen L.L.P. in November, it brought on more than 500 new lawyers and hundreds of millions in additional revenue. The firm also took on a new caseload of pro bono work, growing its legal practice for the needy and other legally underresourced groups by 50 percent. Like the newly expanded firm itself, the pro bono practice promises to be deeper and more complex as a consequence. "This is important for our recruiting and retention," said Amanda Smith, the Morgan Lewis partner who manages the firm's sprawling pro bono program from offices in New York.
BUSINESS
November 26, 2014 | By Chris Mondics, Inquirer Staff Writer
Morgan Lewis & Bockius L.L.P., the Center City-based law firm, announced Monday that it had finalized its acquisition of Bingham McCutchen of Boston, creating one of the world's largest firms and extending Morgan Lewis's dominance in the U.S. legal market. With the addition of 510 Bingham McCutchen lawyers, as well as about 250 additional staff, Morgan Lewis will have more lawyers in the United States than any other firm. Worldwide, the firm will rank among the top five, with just under 2,000 lawyers and revenue of about $2 billion a year.
NEWS
November 16, 2014 | By Chris Mondics, Inquirer Staff Writer
Call it a kind of law-firm Darwinism. A few years ago, it was possible to read any number of reports pronouncing the death of Big Law. Mammoth firms were too inefficient, too slow, and - most important for their clients - too expensive. And it is true, ever since the 2008 financial crisis caused corporate America to rein in its legal spend, some very big law firms have bit the dust. But the Morgan Lewis & Bockius L.L.P. announcement Friday that it plans to acquire much of Boston-based Bingham McCutchen also suggests some law-firm heavyweights will thrive in an era of tighter legal budgets and tougher competition.
BUSINESS
October 3, 2014 | By Chris Mondics, Inquirer Staff Writer
Jami Wintz McKeon officially took over as chair of Morgan Lewis & Bockius L.L.P. on Wednesday, making it the largest law firm in the United States headed by a woman. McKeon will maintain her litigation practice and continue to advise large financial-services industry clients on complex regulatory and legal issues, the law firm said. "We built this firm on long-standing, deep relationships with our clients," McKeon said. "That's something that will not change under my stewardship at Morgan Lewis.
BUSINESS
September 25, 2014 | By Chris Mondics, Inquirer Staff Writer
Philadelphia's Morgan, Lewis & Bockius L.L.P. is moving closer to an acquisition of Boston-based Bingham McCutchen L.L.P., a combination that would create one of the largest law firms in the world. People familiar with the negotiations said leaders of the firms reached a tentative agreement over the weekend, but stressed that it had many conditions and that discussing the terms would take weeks. Both firms have been tight-lipped about the talks, which began this year, acknowledging only that a possible acquisition was in the works.
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