Bell Boyd to Merge with K&L Gates

Chicago-based Bell, Boyd & Lloyd LLP has concluded merger talks with Pittsburgh-based global firm K&L Gates, forming a combined powerhouse of over 1,900 attorneys in 31 offices across the U.S., Europe, and Asia.

Crain’s Chicago Business reports that talks between the two firms began in mid-2008, with K&L Gates interested in expanding to the Chicago and San Diego markets primarily through Bell Boyd’s investment management and intellectual property practices. A spokesman for K&L Gates noted that the merger was attainable for both firms in the current economic downturn because they both operate on a no-bank-debt policy, which will allow the newly-combined firm to “grow in a downturn like other firms can’t.” The combined firm will operate as K&L Gates LLP beginning March 1, 2009.

I think it’s safe to assume that Bell Boyd attorneys will be wearing Steelers jerseys for tonight’s big game.

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