What's Happening?
Frost Brown Todd LLC (FBT) has appointed Madhav Srinivasan as its new Chief Financial Officer ahead of its merger with Gibbons PC, set for January 1, 2026. Srinivasan, who previously served as CFO at Hunton
Andrews Kurth LLP, will lead FBT's financial strategy and growth initiatives. The merger will create a mid-market legal powerhouse with approximately 800 lawyers across 25 offices nationwide. FBT Chairman Robert Sartin will serve as chairman of the new entity, while Gibbons Managing Director Peter Torcicollo and FBT CEO Adam Hall will act as co-managing partners.
Why It's Important?
The appointment of Srinivasan as CFO is a strategic move to ensure financial stability and operational excellence as FBT prepares for its merger with Gibbons PC. The merger will enhance the firms' national litigation capabilities and transactional platform, providing clients with direct access to the country's court systems. This development is significant for the legal industry, as it represents a consolidation of resources and expertise, potentially leading to increased competitiveness and service offerings.
What's Next?
Following the merger, FBT Gibbons will focus on expanding its corporate and transactional work, leveraging existing strengths in finance, manufacturing, and energy. Srinivasan will work out of the Newark location, driving financial strategies that align with the firm's vision for sustainable growth. The merger is expected to sharpen the firms' focus on key industries and enhance their ability to serve a diverse client base.
Beyond the Headlines
The merger between FBT and Gibbons PC reflects a broader trend of consolidation in the legal industry, as firms seek to enhance their capabilities and market presence. This move may prompt other mid-market firms to consider similar strategies to remain competitive in a rapidly evolving legal landscape.
