Add RSS RSS

Law Firm Merger Mania: Dewey LeBoeuf? (You Heard It Here First)

People in the offices of both Dewey Ballantine and LeBoeuf Lamb have been gossiping about a possible merger between their firms.

Here's some circumstantial evidence in support of the rumors. If you go to Whois.Net and enter the domain name DeweyLeBoeuf.com, you get this info:

Dewey Ballantine 2  LeBoeuf Lamb Greene MacRae Above the Law blog.jpg

We have a call and an email in to Michael Groll. We'll let you know if and when we hear back from him.

Update: Might this be a practical joke, as one commenter suggests? Quite possibly. That's why we've reached out to Mr. Groll for comment.

Further Update (4:45 PM): No, this is the real deal. About an hour after our post went up, the WSJ Law Blog chimed in with this write-up: "LeBoeuf Lamb and Dewey Ballantine are in merger talks, with an announcement of a deal expected as early as Monday, according to people familiar with the situation."

Further Further Update (8/25/07): The New York Times has an article on the merger talks here.

More discussion, plus links, after the jump.

So, will a Dewey-LeBoeuf merger go through? Or is it just Dewey Ballantine, on the rebound from its failed relationship with Orrick, doing some flirting to boost its ego?

In this recent article about law firm mergers, Tom Kane of Kane Consulting Inc., a legal marketing consulting firm, notes: "LeBoeuf has always been a tongue twister for me, but what are you going to do, change it? No way, you'd lose the brand."

As a law firm moniker, "Dewey LeBoeuf" may be a little ungainly (and it looks even worse as a domain name, deweyleboeuf.com). But if Dewey Ballantine was willing to put up with Dewy Orifice, er, Dewey Orrick, we think they'll be okay with "Dewey LeBoeuf."

Registration Information for deweyleboeuf.com [Whois.Net]
LeBoeuf and Dewey In Advanced Merger Talks [WSJ Law Blog]
Two Big Law Firms in Merger Talks [New York Times]
Name Games Loom Large in Mergers [The Recorder]

Comments
avatar
1 Posted by 1 Time | Permalink Friday, August 24, 2007 3:47 PM

First

avatar
2 Posted by anon | Permalink Friday, August 24, 2007 3:54 PM

Here's a coffee mug slogan: "Dewey LeBoeuf? You bet we do!"

avatar
3 Posted by guest | Permalink Friday, August 24, 2007 3:57 PM

3:54 - that would make a catchy jingle.

avatar
4 Posted by guest | Permalink Friday, August 24, 2007 4:00 PM

catchy theme song!

avatar
5 Posted by C. Avrum Chettlesworth III | Permalink Friday, August 24, 2007 4:00 PM

I prefer the flavorful name of "Lamb Ballantine."

avatar
6 Posted by guest | Permalink Friday, August 24, 2007 4:10 PM

Dewey LeBoeuf sounds like it refers to self-lubricated labia.

avatar
7 Posted by anon | Permalink Friday, August 24, 2007 4:17 PM

4:10 - too funny

avatar
8 Posted by anon | Permalink Friday, August 24, 2007 4:21 PM

I call bullshit - no way the firm registered the name with an outfit like GoDaddy. They would spring for a real host. Someone collected data from a firm bio (like the post said) and is having a spot of fun

avatar
9 Posted by Lateral | Permalink Friday, August 24, 2007 4:21 PM

This is a really bad joke, so please don't kill me...

Who let the Dewey out!!!! Le Bouf - Bouf - Bouf - Bouf Bouf

(better than the Nixon Peabody song anyways)

avatar
10 Posted by Not Anyone at Nixon Peabody | Permalink Friday, August 24, 2007 4:31 PM

4:21 - Just because they released tasteless media referencing themselves doesn't make them any less formidable a law firm -ah - internet company. GoDaddy is totally legit. Probably too legit to quit. Hay hay.

avatar
11 Posted by guest | Permalink Friday, August 24, 2007 4:32 PM

Dewey still exists?

avatar
12 Posted by guest | Permalink Friday, August 24, 2007 4:34 PM

Dewey LeBouf sounds like a drag queen name - and she's FAAAABULOUS!

avatar
13 Posted by AnOnYms | Permalink Friday, August 24, 2007 4:37 PM

Dewey LeBoeuf to $190!

avatar
14 Posted by Dewey LeBoeuf - you bet we do! | Permalink Friday, August 24, 2007 4:45 PM

WSJ lawblog noted the rumored merger at 4:34 - so at least qua rumor it is real. Nice work ATL.

Dewey LeBoeuf....sexy sexy...when you get that notion...

avatar
15 Posted by guest | Permalink Friday, August 24, 2007 4:46 PM

Dewey LeBoeuf? Yes we do!

avatar
16 Posted by guest | Permalink Friday, August 24, 2007 4:54 PM

Dewey LeBoeuf Lamb should be the combined name of choice

avatar
17 Posted by anonymous | Permalink Friday, August 24, 2007 4:55 PM

Dewey LeBoeuf Lamb sounds like a bad farm joke

avatar
18 Posted by guest | Permalink Friday, August 24, 2007 4:58 PM

The combined firm would also moved its main office to Paris with "Dewey LeBoeuf Lamb" as its name

avatar
19 Posted by guest | Permalink Friday, August 24, 2007 5:02 PM

The WSJ law blog is running with this story too (sounds like they have some sources with actual knowledge): http://blogs.wsj.com/law/2007/08/24/leboeuf-lamb-and-dewey-ballantine-in-advanced-merger-talks/

avatar
20 Posted by guest | Permalink Friday, August 24, 2007 5:03 PM

The WSJ law blog is running with this story too (sounds like they have some sources with actual knowledge).

avatar
21 Posted by anon | Permalink Friday, August 24, 2007 5:05 PM

Insert joke about name here.

Dewey is swamped in debt. LeBouef has none. Is LaBouche trading off debt for prestige?

Also, how big are these firms? Is this going to create a Skadden-size behemoth?

avatar
22 Posted by Boko | Permalink Friday, August 24, 2007 5:08 PM

Wasn't Sondra, the eldest Cosby daughter, played by Sabrina LaBoeuf? I think that was her last name. I saw her at a DC Shakespeare in the park this summer, Love's Labour's Lost. Some firm took its summers to the show I attended. I could tell by the pre-game acknowledgements, the public drunkenness, and the nudity.

avatar
23 Posted by guest | Permalink Friday, August 24, 2007 5:24 PM

4:45--

If your timing is correct, Lat scooped WSJ (or at least their blog, but we'll count it). Congrats, Lat!

avatar
25 Posted by guest | Permalink Friday, August 24, 2007 5:43 PM

mmmmmmmm Dewey Lamb

avatar
26 Posted by DB Associate | Permalink Friday, August 24, 2007 5:58 PM

Re 5:43--

I'll have what he's having. Moist and delicious!

avatar
27 Posted by guest | Permalink Friday, August 24, 2007 6:07 PM

I don't think Dewey Lamb would be *that* big. Dewey has about 500 lawyers and LL has around 800. No bigger than say Kirkland.

The big question is will LL's size influence who controls the firm. The combined NYC office will be huge 500+ (even after the inevitable purge).

avatar
28 Posted by anonomous | Permalink Friday, August 24, 2007 6:40 PM

I work at dewey and there have been hints of a merger for quite some time.

avatar
29 Posted by anonymous | Permalink Friday, August 24, 2007 6:48 PM

I work at Leboeuf and the first I heard of this was today. But we got an email this evening that an all associates and counsel meeting has been scheduled for noon on Monday.

avatar
30 Posted by I am curious legal | Permalink Friday, August 24, 2007 7:16 PM

What do the attys at the two firms in question think of the idea?

avatar
31 Posted by LeBoeufer | Permalink Friday, August 24, 2007 8:21 PM

We not only got the emergency "all associates and counsel meeting" e-mail tonight, but we then got another e-mail from our executive director with a link to the WSJ article. Nice way of informing the troops, eh... Really not sure how I feel about this yet. Where will our offices be???

avatar
32 Posted by Anonymous | Permalink Friday, August 24, 2007 9:04 PM

LeDewey Boofantine?

avatar
33 Posted by Anonymous | Permalink Friday, August 24, 2007 9:10 PM

Late breaking news . . .

Sources are indicating that a third firm has entered into the negiotiations. Apparently, the new firm will be called Dewey, Peabody, LeBoeuf.

avatar
34 Posted by guest | Permalink Friday, August 24, 2007 9:36 PM

And everyone's a winner!!!

avatar
35 Posted by guest | Permalink Friday, August 24, 2007 9:51 PM

It's going to be an unsettling weekend for LeBoeuf associates. We have to wait until Monday to hear about the damage. Couldn't they have told us yesterday and had a meeting today instead of ruining our weekends? LeSigh.

avatar
36 Posted by guest | Permalink Friday, August 24, 2007 10:17 PM

It is a big merger. Combined firm, using 2007 amlaw numbers, would be tied for Amlaw 12 with Morgan Lewis (gross revenue = $922,000,000). Not too bad.

avatar
37 Posted by guest | Permalink Friday, August 24, 2007 10:25 PM

Dewey Leboeuf swallows Fried Frank?

avatar
38 Posted by Anon | Permalink Friday, August 24, 2007 11:43 PM

Do these mergers ever result in layoffs?

avatar
39 Posted by LeBoeufalo's Unite! | Permalink Friday, August 24, 2007 11:55 PM

Mergers always mean lay offs for admin Staff, (they don't need two Chief Information officers, or Chief Administrative officers, records peopele etc ) Attorneys and paralegals are safe unless partners leave because the cases don't go away...unless this merger is like the first merger attempt Dewey had with Orrick....and all their heavy hitters left.

avatar
40 Posted by guest | Permalink Saturday, August 25, 2007 12:08 AM

One thing is certain: this is not a joke.

avatar
41 Posted by beef and lamb | Permalink Saturday, August 25, 2007 12:40 AM

Is it too late to pick another name?

avatar
42 Posted by Vegans For Dewey Beef | Permalink Saturday, August 25, 2007 12:50 AM

It will be interesting to see how long it will take for the firms to integrate. Sounds like Monday will be quite the day at both LeBoeuf and Dewey as I believe Dewey is also having an all hands meeting.

avatar
43 Posted by Douche bag | Permalink Saturday, August 25, 2007 1:43 AM

Who are these people from LeBoeuf and Dewey who are posting on here? Shame on you. Seriously, fuck you. Keep it to yourselves. It makes you look bad.

avatar
44 Posted by guest | Permalink Saturday, August 25, 2007 1:44 AM

Law firm mergers generally come to a vote on Sunday. Saturday is last minute strategory and a final sell to partners.

avatar
45 Posted by I'm not a lawyer, nor do I play one on TV | Permalink Saturday, August 25, 2007 8:52 AM

No way they are having a vote yet. Probably signing a letter of intent.

avatar
46 Posted by guest | Permalink Saturday, August 25, 2007 10:44 AM

NYTImes has an article:

http://www.nytimes.com/2007/08/25/business/25legal.html?ref=business

avatar
47 Posted by guest | Permalink Saturday, August 25, 2007 11:49 AM

People from these firms had to find out from above the law before their own firm? Then they get to be the bad guy for confirming it AFTER its in the news? Give me a break!

avatar
48 Posted by LeBoeuf | Permalink Saturday, August 25, 2007 6:30 PM

Is LLGM going to keep all their laywers?

avatar
49 Posted by 50th! | Permalink Sunday, August 26, 2007 12:26 PM

Fiftieth!

Also, this merger strikes me as odd. The firms might be well-matched financially, in terms of average PPP, but what is the purpose of it? It doesn't provide the East Coast / West Coast balance that the Orrick deal would have.

avatar
50 Posted by babylon anon | Permalink Sunday, August 26, 2007 2:04 PM

I work at Dewey, and after the Orrick debacle we were assured by Mort himself that DB was not looking to enter merge talks with anyone else anytime soon. How soon is now? Also, the masses were furious about how they discovered the merger was off - on the blogs. Hmmm, tomorrow should be Leinteresting.

avatar
51 Posted by Michael Bay | Permalink Sunday, August 26, 2007 3:40 PM

Shia's out! My next awful film will be Transformers II, starring Dewey LeBoeuf!

avatar
52 Posted by Outside Observer | Permalink Sunday, August 26, 2007 5:19 PM

In response to 50th, it seems to combine LB's deep strength in insurance and energy with DB's capital markets and M&A strengths (the later of which needs some shoring up, but the combined firm might be able to fix that more readily than Dewey could do alone). Neither firm is ideally positioned to succeed solely on the Wall Street "boutique" model that a few other NY-based firms have (think Cravath, Simpson, Cleary) and getting larger and broader probably makes a lot of sense for these firms. It sets them up to compete more effectively with the other really big firms out there and could set the stage for future geographic expansion through both greater financial strength and greater platform appeal. This combination seems a natural when you look closely.

avatar
53 Posted by Anonymous | Permalink Sunday, August 26, 2007 6:36 PM

Does anyone know how Dewey and/or LeBoeuf plan on dealing with pending malpractice litigation/claims prior to finalizing the merger???

avatar
54 Posted by Paul Allen | Permalink Sunday, August 26, 2007 7:39 PM

How concerned should a summer associate be regarding the Dewey-Lebuff merger? What are the chances Dewey-LeBuff trims lawyers and I will be forced to re-interview as a 3l?

avatar
55 Posted by Bill Gates | Permalink Sunday, August 26, 2007 8:50 PM

Paul Allen,

Do you know how to spell "LeBuff"?

avatar
56 Posted by Paul Allen | Permalink Sunday, August 26, 2007 9:26 PM

Most deffinitely.

avatar
57 Posted by Bill Gates | Permalink Sunday, August 26, 2007 9:41 PM

Paul,

So just a lame joke?

avatar
58 Posted by Holy Beouf, Batman | Permalink Sunday, August 26, 2007 10:27 PM

Associates from decent schools are worth their weight in platinum in the current market, so my guess is you won't have a problem in that regard. On the other hand, merging the two cultures and infrastructures is going to be very bumpy for at least a year, so fasten your seatbelt if you get on that ride.

avatar
59 Posted by Paul Allen | Permalink Sunday, August 26, 2007 10:34 PM

No Bill, it isn't.

Thanks for the info Batman.

avatar
60 Posted by Bill Gates | Permalink Sunday, August 26, 2007 10:55 PM

Paul,

No problem. What are you doing tomorrow? Wanna grab a cup of joe? ;-)

avatar
61 Posted by 4thyearindc | Permalink Sunday, August 26, 2007 10:57 PM

at least a year??? No way - WilmerHale is imploding because of its merger and poor planning/management. Its a bumpy ride - for many years.

avatar
62 Posted by guest | Permalink Monday, August 27, 2007 10:35 AM

More info on WilmerHale imploding, please.

avatar
63 Posted by guest | Permalink Monday, August 27, 2007 11:39 AM

It's officially official: WSJ.com article with the announcement today. Related blog: http://blogs.wsj.com/law/2007/08/27/introducing-dewey-leboeuf-2/

avatar
64 Posted by guest | Permalink Monday, August 27, 2007 1:19 PM

Some news from the LeBoeuf associates meeting: The combined firm will be named Dewey & LeBoeuf (with an ampersand). The firm will be chaired by Steve Davis (of LeBoeuf) and the definitive agreement signed on Friday calls for partnership votes by the end of September with a closing as early as October 1. The Dewey personnel in DC and London will be moved into the LeBoeuf offices in those cities and LeBoeuf personnel in NY will *probably* move into Dewey's nicer space a few blocks away (although there wil be shuffling around in the shorter term -- but much of that won't happen until 2008.)

avatar
65 Posted by Confirmed? | Permalink Monday, August 27, 2007 3:19 PM

Has it been officially announced?

avatar
66 Posted by guest | Permalink Monday, August 27, 2007 4:24 PM

So 2007 Summers from either firm do not have to worry?

avatar
67 Posted by guest | Permalink Monday, August 27, 2007 4:31 PM

Why would you have to worry? The point of merging is to gain marketshare. They become one of the largest firms in the world. Why would they then give it back through firings?

avatar
68 Posted by guest | Permalink Monday, August 27, 2007 4:32 PM

NYLJ Article:

http://www.law.com/jsp/nylj/PubArticleNY.jsp?hubtype=FeaturedContent&id=1188205341933

avatar
69 Posted by guest | Permalink Monday, August 27, 2007 4:41 PM

Bloomberg Article:

http://www.bloomberg.com/apps/news?pid=email_en&refer=home&sid=aHrQLsN9KMZQ

avatar
70 Posted by guest | Permalink Monday, August 27, 2007 5:49 PM

I wonder who is next? A large DC firm w/out a ticket to the global dance?

avatar
71 Posted by 2007 SUMMER | Permalink Monday, August 27, 2007 6:39 PM

I summered at Dewey this past summer. Would anyone know what impact this would have on 2008 first years?

avatar
72 Posted by anon | Permalink Monday, August 27, 2007 7:23 PM

Anonymous - I don't know about the implosion at Wilmer Hale, but I survived it long enough to get it on my resume and go. It is a tough place, completely opposite of what Cutler and Pickering (both of whom I knew) wanted when they built their firm. Their values have been thrown away for market share and greed.

avatar
73 Posted by (dewey &?) leboeufer | Permalink Monday, August 27, 2007 9:55 PM

At the meeting, they made a point of telling us that both the incoming class and the just-completed summer class would be notified that they would be given positions at the newly-created firm. So I would say neither group, at either firm, has anything to worry about.

avatar
74 Posted by Callback to Dewey | Permalink Monday, August 27, 2007 10:41 PM

Below is an email I received from Dewey, from where I recently received a call-back offer:

As some of you might have heard by now, Dewey Ballantine and LeBoeuf, Lamb, Greene & MacRea just announced that we have signed a memorandum of
understanding to combine, creating one of the world’s premiere international law firms. The merger is scheduled to become effective on October 1, 2007, subject to approval by the partners of both firms.

We regret that we could not discuss the merger with you during your recent interview, but the merger was not formalized until late last Friday. We hope you will understand that we could not discuss a merger that the two firms had not yet agreed to undertake.

The merger is an enormously exciting opportunity for everyone associated with both firms. The combined firm, to be called Dewey & LeBoeuf, will have more than 1,200 attorneys in 12 countries with revenues approaching $1 billion. We will be the fifth largest law firm in New York and one of the largest firms globally with offices in 26 cities. In terms of “fit,” the two firms are highly compatible. We share similar institutional cultures, values, and visions, including strong commitments to associate
satisfaction, diversity, pro bono legal services, and maintaining a pleasant and professional office atmosphere.

While the merger brings tremendous opportunities, we also understand that you might have unanswered questions. We want to do everything we can to answer those questions so that you feel equipped to decide whether we are the right firm for you. Please feel free to call XXXXX, our Manager of Legal Recruiting, any of the attorneys with whom you met, or me with any questions. We will send you additional information about the merger as it becomes available.

avatar
75 Posted by anon | Permalink Tuesday, August 28, 2007 4:28 PM

I too summered at Dewey this past summer, and initially this struck me as rather odd, given that we, like the Dewey poster above, were told that the firm was not interested in merger talks. One aspect of this merger that does make a lot of sense to me is LB's strong insurance litigation practice. Dewey's insurance group took a big hit this summer, and this would effectively rebuild that practice for them.

avatar
76 Posted by snoop | Permalink Thursday, September 27, 2007 12:24 AM

Dewey LeBoeuf buys www.dl.com for $300k

Post Your Comment