After raising associate salaries last week (but not so much for the counsel), Haynes and Boone dropped some more big firm news: they’re merging!
The Texas-based firm’s new partner is London-based Curtis Davis Garrard, “a boutique firm specialising in the provision of maritime legal services with a particular focus on projects and disputes in the shipbuilding and offshore oil and gas sectors.” Sounds like a perfect partner for a firm based in Dallas with oodles of energy business. The addition of the boutique (the deal is still seeking regulatory approval) will give Haynes and Boone its long sought-after London presence.
Though honestly, the best line from the press release has to be…
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The merger underscores the firm’s belief that London’s preeminence as a commercial and financial center will not be impacted, long term, by the U.K. vote to exit the European Union.
Yeah. That vote must have been a real nervous day for a firm who just put up a bunch of cash in associate raises and had a merger all but sealed only to watch a bunch of nativist drunks torpedo the economy. Good times!
That said, Haynes and Boone kept its wits about it and pushed ahead, having faith that the UK will reverse course now that they’ve had a taste of the hangover.
For all of CDG’s lawyers, welcome to American Biglaw!
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(Read the full press release, with more details on the shape of the new firm, on the next page.)
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Joe Patrice is an editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news.