With Q3 nearly upon us, Biglaw firms most definitely have the urge to merge. Within the last month, two major mergers were announced — McDermott Will & Emery and Schulte Roth & Zabel, followed by the debut of HSF Kramer. Law firm merger interest seems to remain at an “all-time high,” and it’s no surprise that two more firms have signaled that they’ve quietly combined.
Today, Am Law 100 firm Crowell & Moring — a firm that brought in $626,041,000 gross revenue in 2024 — and Boston-based life sciences boutique Faber Daeufer & Itrato announced that they’d be joining hands, adding 24 additional lawyers to the Biglaw firm’s bench. This officially makes Crowell the latest Biglaw firm to enter the Boston market, following in the footsteps of at least five other firms eager to “pahk the car in Hahvahd Yahd.” Bloomberg Law has additional details:
The tie-up deepens Crowell’s “limited” capabilities in the life sciences and emerging companies areas, Philip T. Inglima, chair of the firm’s management board, said in an interview. The combination also allows Crowell to expand its real estate footprint in Boston, a key geographic area for life sciences and start-ups where Faber has an office and Crowell has a few lawyers servicing clients from other locations.
“Growth in our transaction practices is a priority, and they bring us that in spades,” Inglima said of Faber. “They bring us great credibility in life sciences and depth in the emerging companies and venture capital practice, where we only had a limited amount before.”
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Joseph Faber, cofounder of the acquired firm, will be taking on a leadership role at Crowell, where he’ll oversee the integration and operations of Crowell’s new and larger life sciences practice.
Congratulations to Crowell & Moring and Faber Daeufer & Itrato on what promises to be a successful alliance.
Crowell & Moring Merges With Boston Life Sciences Firm Faber [Bloomberg Law]
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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.