Chairman and CEO Jay Rothman was quoted in a Law360
article, "The Dangers of BigLaw's Merger-Happy Growth Strategy
," about the record-breaking number of law firm mergers that took place in 2018.
Rothman said Foley combined with Dallas-based Gardere Wynne Sewell last year because of client demand for legal services there. He also said Foley chose to combine with Gardere after an extensive search for the best possible merger partner.
The combined firm has identified 125 new matters in the first 10 months of the combination that it believes would not otherwise have been secured, Rothman added.