Faegre Baker Daniels and Drinker Biddle & Reath have confirmed they are merging, creating a new law firm with annual gross revenues expected to reach more than $950 million.
Faegre Drinker Biddle & Reath or Faegre Drinker, is projected by the merger partners to fall within the top 50 U.S-based firms by revenue. And with more than 1,300 attorneys and consultants working out of 22 offices, the two firms have said it would also become one of the nation’s top 50 by headcount.
Drinker Biddle has deep roots in Philadelphia, while FaegreBD has a long mid-western history and boasts outposts ...