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Connecticut Not Ripe for Major Firm M&A Activity
Stan Twardy was quoted by the CT Law Tribune in an article that discussed the unfertile ground for law firm merges and acquisitions – with one exception. "The transaction that continues to dwarf the rest of the field in the Connecticut archive of the past decade is the January 2007 merger of Morristown, New Jersey-based Pitney Hardin with Hartford's Day Berry. The historic transaction grew the newly named Hartford firm Day Pitney to nearly 400 attorneys, solidifying the firm as a Connecticut powerhouse."
"We reaped some of the benefits we were looking for, which included being able to deepen our bench, so to speak, having more lawyers being able to provide for our clients with more depth and breadth in our representation," Stan told the Tribune.