Hogan & Hartson, Law Firm Mergers, Lovells

Hogan and Lovells Merger: All Systems Go

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Last night partners at Hogan & Hartson and partners at Lovells voted on the proposed merger between the two firms. According to sources, Ho-Love will be coming to an office building near you.
Here’s the report on the partner vote, from a Lovells source:

Late last night, the voting closed on our proposed merger with Hogan & Hartson. We have also heard from Warren Gorrell, Chairman of Hogan & Hartson, on the outcome of their vote.
We are delighted to report that the respective resolutions at both firms were passed and, as a result, we will be combining with Hogan & Hartson with effect from 1 May 2010.

Bang. Mega-transatlantic mergers are back.
Read the full memo after the jump.


LOVELLS — MEMO — MERGER WITH HOGAN & HARTSON
Sent: Tue 12/15/2009
To: Lovells Firmwide
Subject: Outcome of the vote on the proposed merger with Hogan & Hartson
Late last night, the voting closed on our proposed merger with Hogan & Hartson. We have also heard from Warren Gorrell, Chairman of Hogan & Hartson, on the outcome of their vote.
We are delighted to report that the respective resolutions at both firms were passed and, as a result, we will be combining with Hogan & Hartson with effect from 1 May 2010.
As David said in his earlier note, merging with a US-based law firm is, in many respects, a logical extension of the way the firm has grown and developed over the last few years and reflects the increasing globalisation of our clients and the markets generally.
The combination of Lovells and Hogan & Hartson will create a compelling proposition both in the unrivalled range and depth of services offered to clients and in the opportunities it creates for our people. Hogan & Hartson is a highly regarded firm with a strong US client base and an international capability. Its strengths in regulatory work and regulated industries are complementary to our own strengths, yet distinctly different from those of other major firms. This is a particular advantage at a time of market change and increasing regulation around the world emanating from the current economic downturn.
The combined firm will have significant strengths across a wide range of practices and jurisdictions. The aggregation of our global dispute resolution and IP practices will be unmatched. Hogan & Hartson’s corporate transactional practice is highly regarded and, combined with our own, will provide a strong platform for further development. Other practice areas will also benefit from the proposed merger through greater access to the world’s largest market for legal services.
The benefits for clients can be summed up in three ways. We will be able to offer them:
* a unique, high quality transatlantic capability, combined with extensive reach into the world’s financial and commercial centres;
* particular and distinctive strengths in the areas of dispute resolution, regulatory, antitrust, corporate, finance, intellectual property and real estate; and
* access to a significant depth of legal knowledge and resource in a number of industry sectors. These include energy, financial services, telecommunications media and technology, life sciences and pharmaceuticals, consumer goods, real estate, natural resources and infrastructure.
Between now and 1 May there is a considerable amount of work to be done as we plan the implementation of the merger. We clearly need to make the most of the time up to May 2010 so that we are well prepared to hit the ground running.
At 10pm UK time today, the attached email will be sent to all of the firm’s clients and contacts on InterAction. If you do not wish your clients and contacts to be included in this general mailing, please follow the instructions previously circulated, also attached to this email. You have until 3pm UK time today to “opt out” your clients and contacts.
Over the course of the next few weeks, in our different offices and practice areas we will be talking much more about the proposed merger and the enormous benefits it will bring, including the opportunities it represents for members of the firm.
In the meantime, we would like to take this opportunity to thank you all for all your hard work during the last year and to wish you all the very best for 2010, which will be a very exciting year for us all.
John Young
David Harris
Earlier: Law Firm Merger Mania: Lovells and Hogan & Hartson Talks Still on Track

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