In an article published in the Daily Report on April 30, Ed Christian is quoted discussing Burr & Forman’s integration efforts following its acquisition of McNair Law Firm, including new business development opportunities.
Net income increased 5.3% to $69.29 million, which increased profit per equity partner by 2.7%, even though the firm added a net of three equity partners to reach 128.
Following the combination, which took effect January 1, the firm is positioned for growth. The combination increased Burr & Forman’s size by 25% with approximately 360 lawyers throughout 19 offices in eight states.
Despite a widely discussed looming recession, the firm has not seen any signs of a slowdown. “We keep seeing that the economic numbers are up. Things remain strong,” said Christian. “There is a lot of money out there looking for deals, at least on the corporate side.”
To help this effort, the firm’s partners have compiled an extensive list of potential client opportunities in North and South Carolina from both Burr & Forman and McNair attorneys.
“In 2020, I think we will see the positive effects of the merger,” Christian continued. “We are seeing the opportunities materialize that we thought might be there.”
Read the full article here.