Highlighting recent data regarding legal industry mergers and acquisitions, reports from Bloomberg Law and The American Lawyer point to Croke Fairchild Duarte & Beres LLC as an example of a mid-sized firm poised for growth in 2022.
On January 1, seven attorneys, formerly of Hamilton Thies & Lorch LLP joined CFDB to launch our Private Client practice, providing comprehensive and sophisticated trust and estate legal services and tax planning to clients in the face of the ever changing and increasingly complex federal and state tax laws.
With these new attorneys, plus several additional lateral hires, CFDB’s attorney headcount is expected to reach 50 this month, quadrupling in size since its December 2019 launch.
This growth comes as many larger firms have been slow to close expansion deals during the pandemic, as noted in analysis from Fairfax Associates showing low levels of merger activity over the last year.
“Our team is nimble and forward-looking,” said firm co-founder Drew Beres. “So we are focused on growing to meet the needs of our clients as they continue to navigate their own paths through this complex and uncertain business environment. We’re proud of our ability to capitalize on opportunities for growth and get deals done.”
View the full press release regarding our recent expansion here.
Read more in The American Lawyer here.
Read more in Bloomberg Law here.