Houston and Dallas-based Locke, Liddell & Sapp, and Chicago-based Lord, Bissell & Brook are finalizing plans to merge and form a 700-lawyer firm named Locke, Lord, Bissell & Liddell. After the merger is approved by partners, the deal is expected to close by August 1. Jerry Clements, the Austin, TX-based managing partner of Locke Liddell will head a nine-member executive committee. Locke Liddell is the larger firm, with 399 lawyers compared to Lord Bissell’s 300. However, Lord Bissell’s location cover more area, with offices in Chicago, Atlanta, Los Angeles, New York, Sacramento, CA, and London. The two firms have worked together in the past on banking regulatory matters and as co-counsel or counsel for co-defendants on litigation or arbitration related to reinsurance disputes.
Source: www.law.com