Law firm mergers and acquisitions dropped off when the pandemic hit in March, but 2020 still saw 60 combinations as of December 11, according to the Altman Weil MergerLine. That means a handful of storied firm names will be going away, many of them in Pennsylvania and New Jersey. Am Law 100 and midsize firms swallowed up most of the firms that were acquired in 2020. These are some of the firm names you won’t be seeing in the future.

Satterlee Stephens

Effective Feb. 1, this 65-attorney New York commercial law firm merged with Duane Morris, the Philadelphia-based Am Law 100 firm. The American Lawyer reported that Satterlee Stephens brought $40 million in annual revenue to Duane Morris, whose annual revenue is now at least $530 million.

This content has been archived.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

Why am I seeing this?

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]