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WHAT WE’RE WATCHING

ENGAGED? Minneapolis-based Faegre Baker Daniels and Philadelphia-based Drinker Biddle & Reath have been engaged in merger talks. Faegre had more than 660 lawyers and gross revenue of $512.9 million in 2018, while Drinker Biddle had 530 lawyers and $449.7 million in gross revenue last year. At the same time, Atlanta-based Troutman Sanders and Philadelphia’s Pepper Hamilton are in combination talks. Their merger would create a combined law firm with more than 1,000 lawyers and more than $855 million in revenue.

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