100 Lawyers Joining BigLaw Firm in Merger to Enhance Fintech Regulatory Expertise

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Orrick Herrington & Sutcliffe and Buckley law firms are set to merge and create a new “financial services and fintech law powerhouse.” The deal will bring together approximately 1,150 lawyers, with the combined gross revenue estimated to be $1.47 billion. This would put the merged firm in 28th place on the American Lawyer’s list of top-grossing firms. The deal is expected to close by the end of January 2023.

This merger will provide valuable regulatory and sector insight to the firm’s clients, who are operating in a rapidly changing landscape with increasing regulatory and enforcement uncertainty. The combined firm will represent most leading consumer banks, more than 700 fintech market participants, leading funds, more than 4,000 emerging companies, and 10 Fortune 20 tech companies.

Mitch Zuklie, Chair at Orrick, believes that this merger will benefit the firm’s finance and tech clients, who seek to innovate in the face of increasing regulatory and enforcement uncertainty. He believes that the combined firm will be better equipped to offer valuable regulatory and sector insight to innovators and investors, allowing them to navigate regulatory challenges and successfully achieve their goals.

  

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This merger comes when the financial services and fintech sectors are rapidly evolving. The combination of Orrick Herrington & Sutcliffe and Buckley will create a new law firm that is well-equipped to provide clients with the guidance they need to navigate these changes. The firm’s deep expertise in both the financial services and fintech industries, combined with its extensive network of clients and regulatory contacts, will enable it to offer valuable insights and guidance to its clients.

In conclusion, the merger of Orrick Herrington & Sutcliffe and Buckley will create a new “financial services and fintech law powerhouse,” with a strong focus on providing clients with valuable regulatory and sector insight. The firm will be well-equipped to guide its clients in an increasingly complex regulatory environment and help them achieve their goals. With the deal expected to close by the end of January 2023, this new law firm is poised to impact the financial services and fintech industries significantly.

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BigLaw firm will add about 100 lawyers and bolster fintech regulatory expertise through merger