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Wake Up Call: Law.com Owner Buys Legal Tech Firm Integreon

June 24, 2021, 11:48 AM

In today’s column, Baker McKenzie was the No. 1 U.S. law firm by headcount in 2020; the pandemic caused U.S. lawyer headcount to shrink for the first time since 2008; Goodwin’s tech practice has added close to 50 partners this year after getting seven new ones in New York, Washington, and California.

  • Leading off, EagleTree Capital, the New York-based private equity company that owns Law.com publisher American Lawyer Media, bought alternative legal service provider Integreon Inc. from Hong Kong-based NewQuest Capital Partners. No financial terms were disclosed. White & Case advised New York-based Integreon and its shareholders, while Jones Day advised EagleTree on the transaction, according to a statement. (EagleTree.com) Integreon offers litigation support, contracting, cyber incident response, and legal administration services. Legal tech blog Artificial Lawyer said the company had 2,400 staff worldwide when NewQuest bought it in 2016 and now has around 3,500. (Artificial Lawyer)
  • Baker McKenzie was the biggest U.S. law firm by headcount in 2020 with 4,699 lawyers, followed by DLA Piper, 3,998; Norton Rose Fulbright, 3,178; Latham & Watkins, 2,858; and Kirkland & Ellis, 2,725. That’s according to the National Law Journal’s latest annual survey of the biggest firms’ lawyer populations. It among other things notes that, as the Covid pandemic shut down courts, U.S. law firm headcount declined overall in 2020 for the first time since the 2008 financial crisis. (National Law Journal) New York is still the No. 1 city for lawyer headcount, with 25,281 lawyers. (Above the Law)
  • Immigration firms Berry Appleman & Leiden and Fragomen and Florida defense litigation firm Kubicki Draper top the NLJ’s ranking of firms by their numbers of women and partners. Management-side worklaw firm Littler, at No. 5, is the first Big Law firm in the list. (National Law Journal) More firms are measuring gender diversity. (National Law Journal)

Lawyers, Law Firms

  • Dorsey & Whitney announced pay hikes for associates but not at the Davis Polk scale and not all associates will get a raise. (Above the Law) Boies Schiller Flexner, Shearman & Sterling, and Cadwalader are among firms that posted disappointing 2020 results but are still matching the market on associate pay hikes. That shows how competitive the market for talent is right now, a report says. (New York Law Journal)
  • Covington & Burling, Akin Gump, and Steptoe & Johnson, LLP earned substantial fees for lobbying ahead of Republicans’ filibuster Tuesday to block Democrat efforts to pass voting rights legislation. (Law.com)

Laterals, Moves, In-house

  • Goodwin Procter said its technology group added 12 lawyers, including seven partners, from three rival firms, giving it close to 50 partners this year. From Orrick, the new arrivals include Jonathan Chou and Peter Fusco in New York, and Geoff Willard and William Wilson in Washington. From Latham & Watkins, they include David Concannon who joined in New York. Goodwin recruited Jones Day partners Stuart Ogg and Michael Reagan who are in Silicon Valley; Venable hired privacy and cybersecurity specialist Hemanshu (Hemu) Nigam as a partner in in Los Angeles. (Venable)
  • Latham poached Freshfields tax partner Helen Lethaby in London; Mayer Brown took a three-lawyer team from Foley & Lardner to expand its global restructuring practice. The group includes partner Doug Spelfogel, who will co-lead the New York office’s restructuring practice, and partner Leah Eisenberg in New York and partner Derek Wright in Chicago; Holland & Knight brought in corporate, M&A and securities partner David Allen in Dallas. He was previously managing partner of Troutman Pepper’s Orange County, Calif., office. (HKLaw.com)
  • Kansas City, Mo.-headquartered Polsinelli announced two new principals: health care litigator Gregory Jones joined from McDermott Will & Emery in Los Angeles, while real estate attorney Weston Rockers joined from Morrison & Foerster in San Francisco; Saul Ewing Arnstein & Lehr added higher education lawyer Ashley Miller as counsel in Washington. (Saul.com)

Technology

  • Transaction-management platform Legatics got a 3 million pound ($4.19 million) investment from private equity fund Moebus. Legatics, whose customers include several Big Law firms, said it plans to use the funds to double the size of its team and develop its technology, among other things. (Moebus.co.uk)

Legal Education

  • A University of Georgia Law School grad won a Georgia Supreme Court case before taking the bar exam. (Law.com)

To contact the correspondent on this story: Rick Mitchell in Paris at rMitchell@correspondent.bloomberglaw.com

To contact the editors responsible for this story: Rebekah Mintzer at rmintzer@bloomberglaw.com; Darren Bowman at dbowman@bloomberglaw.com