Philadelphia-based law firm Duane Morris is reportedly discussing a merger with New York law firm Satterlee Stephens, according to Law.com.
The report stated that Duane Morris, an Am Law 100 firm with close to 800 lawyers, currently has about 100 lawyers based in its Manhattan office. A deal with Satterlee would continue Philadelphia-based Duane Morris’ drive to expand in the Northeast and, in particular, New York.
In the last two years, Duane Morris has added groups of lawyers from LeClairRyan and Vedder Price as well as individual laterals in New York, according to Law.com. The firm in 2006 completed a merger with San Francisco-based Hancock Rothert & Bunshoft, adding 64 lawyers.