Nelson Mullins and Broad and Cassel to Combine Into Super-Regional Law Firm
Tuesday, June 12th, 2018
Nelson Mullins Riley & Scarborough LLP and Broad and Cassel LLP announced that both partnerships have approved an agreement to combine effective August 1, 2018, to be known in Florida as Nelson Mullins Broad and Cassel.
Both firms’ partnerships voted overwhelmingly to approve the combination, which will create a firm with over 725 attorneys and professionals operating in 25 offices across 11 states and the District of Columbia. The combined firm will have a significant presence along the Eastern Seaboard, including over 620 attorneys and professionals in Florida, Georgia, South Carolina and North Carolina, with Atlanta continuing as the firm’s largest office with over 150 attorneys and professionals. The revenues of the combined firm are projected to result in a jump in the Am Law ranking to approximately 66 based on the most recent ranking.
The combined firm will result in a litigation practice, including national products liability and pharmaceuticals, with more than 400 attorneys; a corporate practice with more than 175 attorneys for middle market private equity, securities, tax, and mergers and acquisitions transactions; a real estate practice of more than 100 attorneys providing experience across the real estate industry spectrum; and a healthcare practice with more than 50 attorneys providing clients with expanded transactional, regulatory, and litigation capabilities. In addition, specialty practice areas will include white collar, trusts and estates, public finance, construction, and affordable housing tax credits.
“Our goal is always to provide comprehensive solutions to our clients, and this combination will benefit clients of both firms with added capabilities, enhanced practices and a broader geographical reach,” said Jim Lehman, Managing Partner of Nelson Mullins. “Expanding in Florida is an important element to have the depth and breadth of a super-regional firm along the East coast, and Broad and Cassel is an ideal partner given their strong presence in Florida. On a combined basis, we will also have leading national practice groups in corporate and litigation in areas such as real estate, healthcare, pharmaceuticals, and the automobile industry.”
C. David Brown II, Chairman of Broad and Cassel, added: “As Florida has grown over the past several decades to become the third largest state in the country, Broad and Cassel has grown with it to serve our clients. Many of our clients seek regional and national legal counsel outside Florida so this combination with Nelson Mullins positions us to offer them expanded services geographically and through additional practice areas. By joining together with Nelson Mullins – a firm that shares our culture, values and vision – we will be able to address client needs into the future.”
Jim Lehman will continue to serve as the Managing Partner of the combined firm, and David Brown will become a voting member of the Executive Committee. The combination is scheduled to be effective August 1, 2018.