Denver's Holland & Hart is merging with Hale Lane Peek Dennison in Nevada to create a law firm with more than 415 attorneys in seven states. "We've had Hale Lane on our radar for a long time," John Husband, chairman of Holland & Hart's management committee, said Tuesday. He credited Hale Lane as being an expert in real-estate fractional ownership, or where a purchaser buys a fraction of a property. Both firms also have strong business litigation and natural resource practices. Financial terms of the transaction weren't disclosed.
The deal reflects the continuing consolidation of regional law firms. In the past two years, Denver's Brownstein Hyatt Farber merged with Nevada and California firms to strengthen its gaming and water resource law practices. Holland & Hart, the largest firm based in the Mountain West, has 365 attorneys in 14 offices and expanded into Nevada in 2006. Hale Lane was founded in Nevada in 1971 and is one of Nevada's largest firms. Husband and Timothy Lukas, Hale Lane's managing shareholder, described the two firms as sharing similar cultures in terms of how they serve clients and conduct community work. Holland & Hart opened an office in Las Vegas in 2006 and Reno in 2007, while Hale Lane has offices in Las Vegas, Reno and Carson City. The Las Vegas and Reno offices of the merged firms eventually will be consolidated into one physical location, but Husband said he expects employment overall to grow over time. |