Why wait? Lathrop GPM and Silicon Valley firm will merge on Oct. 1, Managing shareholder asks
Mergers & Acquisitions
Lathrop GPM will merge with Silicon Valley firm Oct. 1; ‘why wait?’ managing shareholder asks
August 22nd, 2024 at 11:05am CDT
Lathrop announced Wednesday it would merge with Silicon Valley firm Hopkins & Carley. (Image from Shutterstock)
Lathrop GPM announced Wednesday that it will merge with Silicon Valley law firm Hopkins & Carley on Oct. 1.
The combined firm will still use the Lathrop GPM name, according to a Aug. 21 press release. The 62 lawyers joining Lathrop GPM will increase the larger firm’s head count by 25% to 360 attorneys.
The combined firm will have 13 offices in eight states and Washington, D.C. Their combined revenue will be $250 million, which could boost Lathrop GPM’s No. 169 ranking in the Am Law 200 by about 20 spots, Law.com reports.
Jennifer Johnson, Hopkins & Carley’s managing shareholder, commented on the merger timeline in an interview with Law360.
“Why wait?” Johnson said. “To a certain extent, there’s been so much excitement in terms of this coming together, it almost would be difficult for us to wait.”
The merger will create one of the nation’s largest practices in private client services, which advises people “in the ultra-high-net-worth and high-net-worth spaces across multiple generations,” the press release said.
It will also double the size of Lathrop GPM’s real estate practice.
Lathrop GPM is a product of a January 2020 merger between Lathrop Gage and Gray Plant Mooty.
Cameron Garrison, Lathrop GPM’s managing partner, told Reuters that the combination was a “tremendous success.”
