After losing a team of lawyers to a crosstown competitor earlier this year, Birmingham-based Balch & Bingham announced on Monday that it has acquired Presley Burton & Collier, a seven-lawyer firm that specializes in public finance. Balch & Bingham, one of the largest firms in Alabama, said that its health care practice would be boosted by the acquisition of Presley Burton, which is also based in Birmingham. The merger comes after Balch & Bingham lost 10 health care lawyers-including seven partners and one counsel-to Bradley Arant Boult Cummings in January and February.
“The attorneys of Presley Burton & Collier have a well-deserved reputation as outstanding lawyers serving tax-exempt and tax-advantaged transactions across the nation,” Alan Rogers, the chairman of Balch & Bingham’s executive committee, said in a statement. “This addition to our team represents a continued commitment to the health care industry and an investment in our business and finance offerings.”
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