Monday brought the news of the latest large law firm merger. The WSJ Law Blog first reported that Thelen Reid and Brown Raysman will merge next in December.
The Thelen press release quoted Brown Raysman’s Julian S. Millstein, a founder of the firm, as saying:
“This combination gives us the presence we have wanted on the West Coast and in Asia for our technology, media, and IP practices, and the platform we need to service and grow our real estate finance practice.”
I thought the word “platform” sounded vaguely familiar. I searched the Wired GC archives and found that word came up earlier when Shaw Pittman and Pillsbury Winthrop merged last year.
Hmmm. Using the same consultants?
The Thelen Reid press release can’t resist mentioning its profits per partner: $850,000. The WSJ Law Blog cheekily notes that Brown Raysman’s are $720,000.
Any talk of client value?
Update 1 Nov 06: Here we go again…