Thompson Coburn, a national law firm headquartered in St. Louis, is acquiring New York-based financial and litigation firm Hahn & Hessen, the pair announced Wednesday.
The addition of 44 lawyers from Hahn & Hessen will give Thompson Coburn more than 400 attorneys across seven offices. It also offers the firm, which reported more than $207 million in gross revenue to The American Lawyer last year, entry into the lucrative New York City legal services market.
“We’ve wanted to expand into New York for a number of years, but as a firm we do not combine with other firms and enter new markets lightly,” Thompson Coburn Chair Roman Wuller told Bloomberg Law.
Thompson Coburn’s equity partners reportedly earned $642,000 in profits on average last year. The firm counts U.S. Bank, Citibank, Maplebear Inc.'s Instacart, McKinsey & Co., Bayer, and Kawasaki among its corporate client list.
Hahn & Hessen’s recent clients include JPMorgan Chase Bank and Charter Communications Inc. Managing Partner Mark Indelicato cited Thompson Coburn’s “coast to coast reach” and “exposure to different areas that we have long sought to obtain” as keys to the deal, which the firms had been discussing for “for a number of years” predating the pandemic.