Get Ready For A Massive New Biglaw Firm In 2025
The Troutman Pepper and Locke Lord merger is actually happening.
It’s really happening, you guys! After months of speculation, delays, and partner grumblings, Troutman Pepper Hamilton Sanders and Locke Lord will officially become Troutman Pepper Locke. Late last week, partnerships at the two firms voted to approve the merger, which will be effective January 1, 2025.
Expectations for the new combined firm are high. Based on 2023 financials, Troutman Pepper Locke will enter the Am Law 50. It’s looking like the combined firm will clock in with ~$1.570 billion in revenue with about 1,600 attorneys in 35 offices. Not too shabby.
As reported by Law.com, the leadership team of the combined firm is set as well, with the bulk of it coming from the legacy Troutman firm.
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Troutman Pepper chair Tom Cole will retain his position in the combined firm, according to the merger announcement, while Locke Lord chair David Taylor and Troutman Pepper vice chair Ashley Taylor will both serve as vice chairs. Amie Colby, the managing partner of Troutman Pepper, will remain the managing partner of the combined firm.
Cole spoke on the excitement for the new, bigger firm, saying, “The reasons for this merger go beyond complementary areas of practice. Our firms’ shared dedication to client service and excellence will allow us to offer increased value to our clients. We are enthusiastic about collaboratively building upon our experience with the clients that we already serve and introducing Troutman Pepper Locke to new clients and markets.”
With David Taylor noting, “The expanded footprint of Troutman Pepper Locke will allow us to offer a far deeper bench of attorneys to advise clients on complex transactional, litigation, and regulatory matters. In addition, our lawyers are aligned on core values with a commitment to innovation, inclusion, and pro bono service.”
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Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter @Kathryn1 or Mastodon @[email protected].
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