When law firms collide: Buchanan Ingersoll merges with Klett Rooney
PITTSBURGH, Pa.--Buchanan Ingersoll PC and Klett Rooney Lieber & Schorling PC announced yesterday that the two firms will merge to form Buchanan Ingersoll & Rooney PC, effective July 1. The resulting firm will include more than 525 attorneys, with estimated annual gross revenues of $265 million. The firms believe they will become one of the 80 largest firms in the country.
Buchanan Ingersoll is well known in the security industry for facilitating mergers and acquisitions, and is sponsor of the long-running Barnes, Buchanan& Mallon conference, held yearly at The Breakers, in Palm Beach, Fla., in February. Klett Rooney gets much of its name recognition from namesake Arthur J. Rooney, II, a former managing shareholder in the firm and the current president and general counsel of the Super Bowl Champion Pittsburgh Steelers.
Both firms were already based in Pennsylvania, and Tom VanKirk, Buchanan chief executive officer, said in a press release, that, "It was an obvious match for us in terms of culture, practice area and the continued development of our strategic plan." Particularly, a written release said, Klett Rooney supplies Buchanan with a "strong PUC practice in Harrisburg that fills a Buchanan need in that area."