Law Firms K&L Gates And Bell Boyd In Combination Talks

Thursday, January 1, 2009 - 00:00

The international law firm K&L Gates LLP and Chicago-based Bell, Boyd & Lloyd LLP (Bell Boyd) are discussing a possible combination of firms, which, if approved, would occur in the first quarter of 2009. The combination would create a firm of approximately 2,000 lawyers in 30 offices throughout the United States, Europe, and Asia.

In addition to Chicago, Bell Boyd has offices in San Diego and Washington, D.C. The combined firm would maintain offices in Anchorage, Austin, Beijing, Berlin, Boston, Charlotte, Chicago, Dallas, Fort Worth, Harrisburg, Hong Kong, London, Los Angeles, Miami, Newark, New York, Orange County, Palo Alto, Paris, Pittsburgh, Portland, Raleigh, Research Triangle Park, San Diego, San Francisco, Seattle, Shanghai, Spokane/Coeur d'Alene, Taipei, and Washington, D.C.

K&L Gates is already one of the largest law firms in the United States according to The National Law Journal, which recently ranked the firm as the nation's tenth largest in its 2008 NLJ 250 listing. Bell Boyd was ranked 167th on the same list.

K&L Gates LLP has launched a cross-office, interdisciplinary Distressed Real Estate Task Force aimed at clients investing in, holding, or managing troubled real estate. Among the activities with which the group will assist lenders, special servicers, and their asset management firms are the restructuring of distressed real estate loans and the positioning of foreclosed assets for successful sale.

Chaired by Charlotte real estate partner David H. Jones, the group includes lawyers from the firm's Berlin, Boston, Charlotte, Dallas, London, Los Angeles, Miami, Newark, New York, Pittsburgh, Seattle, and Washington, D.C., offices, among others, as well as from a range of the firm's practice groups, including finance, environmental, employment, intellectual property, e-commerce, tax, corporate, and litigation.

Mergermarket, part of The Mergermarket Group, has announced the release of its first M&A Insights Spotlight on Intellectual Property Rights survey, highlighting the crucial role of IP assets in the M&A process and their importance in driving additional value for transactions. The survey, which was conducted by mergermarket and sponsored by CRA International, Inc. (Nasdaq: CRAI) and K&L Gates LLP, reveals both corporate and private equity perspectives regarding IP assets, which despite recent turmoil in the financial markets, continue to be recognized as a critical source of value and risk in M&A transactions in today's knowledge-based economy.

The M&A Insights Spotlight on Intellectual Property Rights survey examines how corporate executives and private equity practitioners value IP assets and how they respond to the unique challenges and opportunities presented by IP overall. The survey indicates areas where corporate executives and private equity practitioners are in consensus and where they have differing viewpoints.

To view the full survey, visit www.mergermarket.com.

Eric L. Stone has joined K&L Gates in the firm's Washington, D.C., office. Mr. Stone joins K&L Gates' government enforcement practice from the Consumer Product Safety Commission, where he served in various capacities for more than 30 years, including the post of director of the Legal Division of the Commission's Office of Compliance and Field Operations since 1993.

The New York office of K&L Gates welcomes Eli R. Mattioli as a partner in the firm's commercial disputes practice.He joins K&L Gates from Thelen LLP, where he was also a partner.

An experienced litigator and arbitration specialist whose practice focuses on real estate, international business transactions, corporate and partnership law, and securities, Mr. Mattioli handles a broad range of complex commercial matters, including shareholder disputes, corporate reorganizations, dissolutions, ground and commercial lease issues, brokerage and commission disputes, partnership and joint venture governance, fiduciary obligations, derivative suits, and litigation arising under the federal securities laws.