Dallas-based Haynes and Boone, LLP, announced this morning it was merging with Curtis Davis Garrard LLP, a law firm based in London, in a letter to clients and colleagues by Tim Powers, managing partner of Haynes and Boone.
Haynes and Boone is merging because many of its clients — particularly in the energy, intellectual property and financial services fields — often cross international borders, Powers said.
It’s unclear from the letter where the new firm’s headquarters will be, but Powers in the letter said, “We are taking this trans-Atlantic voyage because our clients’ transactions and disputes routinely cross national borders,” and “we are confident that London will remain a preeminent hub for commercial and legal services.” Powers was not immediately available for comment.
And of course, while negotiations were occurring, the world watched as the United Kingdom voted to leave the European Union. The vote, popularly coined “Brexit,” will not diminish the value of the merger, Powers said.
“We are gaining experience that will benefit our clients in a broad range of business transactions and controversies that are not dependent on EU relations,” Powers said in the letter. “We are also adding an exceptional group of lawyers with strong practices. And, we are confident that London will remain a preeminent hub for commercial and legal services.”
Haynes and Boone has 14 offices, with six being Texas. CDG, founded in 1996, has 20 lawyers that specialize on advising the shipbuilding and offshore oil and gas industries.