What's Happening?
Barnes & Thornburg has significantly expanded its public finance practice by acquiring 35 lawyers from Ballard Spahr. This move includes the opening of new offices in Baltimore, Denver, and Phoenix, and marks one of the largest lateral group moves in recent history. Of the 35 lawyers joining Barnes & Thornburg, 25 will be named partners. This strategic expansion more than doubles the firm's existing public finance group, positioning it as a potential national leader in advising on financing and infrastructure deals. The move is seen as a major step in enhancing the firm's capabilities and market presence in the public finance sector.
Why It's Important?
This expansion is crucial for Barnes & Thornburg as it aims to strengthen its position in the competitive field
of public finance law. By acquiring a large and experienced team, the firm is better equipped to handle complex financing and infrastructure projects, which are increasingly important in both private and public sectors. The move could lead to increased business opportunities and a stronger client base, enhancing the firm's reputation and influence in the legal industry. Additionally, this development reflects broader trends in the legal market, where firms are increasingly seeking growth through strategic lateral hires.
