One of the Twin Cities’ largest law firms, Lindquist & Vennum, is merging with Philadelphia-based Ballard Spahr.
Ballard Spahr is the larger firm with more than 500 lawyers in 14 offices. Lindquist has 140 attorneys in three offices. When the deal is complete on Jan. 1, the Lindquist & Vennum name will be dropped and the firm will go under the Ballard Spahr name.
In addition to the 140 lawyers, Lindquist & Vennum has 100 non-attorneys. It has offices in Denver and Sioux Falls, S.D. In Minneapolis, the firm offices in IDS Center and signed a new lease last year for a smaller space.
Lindquist Managing Partner Dennis O’Malley will join the Ballard Spahrexecutive committee and other Lindquist attorneys will be in leadership roles with Ballard Spahr, said Lindquist spokeswoman Andrea Wood.
O’Malley said Lindquist was courted by other law firms.
“Ballard’s and Lindquist’s cultural compatibility and commitment to excellence will ensure our clients receive the same exceptional service, responsiveness, and value that we have always provided, enhanced by the resources of an Am Law [American Lawyer] 100 firm,” O’Malley said in a press release.
Lindquist & Vennum is the ninth largest law firm in the Twin Cities based on number of attorneys, according to Business Journal research. It advises clients in corporate M&A, finance, and litigation matters with a focus on middle-market dealmaking.
“Lindquist & Vennum is a first-rate law firm with considerable strength in areas we want to expand,” said Ballard Spahr Chairman Mark Stewart said in the release. “A strategic priority of our firm is the continued growth of our corporate transactional practice. This merger will add a sizable group of experienced corporate partners to our Business and Finance Department and significantly increase our M&A capabilities, particularly in the private equity space.”
Lindquist nearly merged with Minneapolis-based Oppenheimer Wolff & Donnelly back in 2014, but the deal never materialized and Oppenheimer eventually merged with Fox Rothschild, another Philadelphia-based law firm.