Leonard, Street and Deinard to merge with Kansas City law firm

Author:
Updated:
Original:

The fourth-largest law firm in Minnesota that's been operating in Minneapolis for the last 91 years will officially announce Monday a merger with a Kansas City firm.

Leonard, Street and Deinard is combining with Stinson Morrison Hecker to form Stinson Leonard Street, the Star Tribune reports.

The Business Journal says the new firm will employ nearly 530 lawyers across 14 cities, landing the firm in the top 75 largest firms by headcount in the country.

Mark Hinderks, managing partner for Stinson, told the Business Journal that the combined firm will expand lawyers' resources and help attract clients who need more "firepower."

According to the Star Tribune, mergers in American legal circles are becoming more and more common as economic and strategic pressures force law firms to consider new growth strategies.

However, leaders of the new firm insist the transaction is not "a merger of survival," the Star Tribune reported. The Wall Street Journal says both firms prospered through the recession.

The merger is effective Jan. 1.

Next Up

coronavirus, covid-19

Mayo Clinic study provides 'best guess' about pandemic's future in MN

Minnesota could be seeing decreasing numbers into the summer if the study is correct.

daunte wright funeral - siblings

Mourners remember Daunte Wright, plead for justice

Wright was killed by a now-former Brooklyn Center police officer on April 11.

covid

HealthPartners: COVID hospitalizations driven by unvaccinated, middle aged adults

The health provider says the average age of its hospitalized patients is trending downwards.

Andrew Thomas booking photo

Man suspected of shooting at National Guard in Minneapolis faces more charges

He has now been charged in Hennepin County District Court with more serious crimes.

wetlands

Investigation finds EPA mishandled oversight for PolyMet mine permits

A new report found the EPA didn't follow its own procedures when it submitted comments on the proposed project.

baseball

MDH's new COVID guidance urges weekly testing for those involved in sports

Those not involved in school sports are still advised to get tested every two weeks.

Trey Lance

With loaded QB draft class, now is the time for Vikings to act

With a strong class, this year might be the time to select Kirk Cousins' successor.

Kellen Mond

Coller: Is a 'developmental' quarterback worth it?

Matthew Coller writes a weekly Vikings column for BMTN, with more of his work found at Purple Insider.

highland bridge

St. Paul announces names of parks at Highland Bridge development

Construction on the parks will begin later this year.

State Capitol

MN House passes omnibus public safety bill with police reform measures

The Senate previously passed its omnibus public safety bill without police accountability legislation.

Related

Minnesota's TCF Bank to merge with Detroit-based bank

The TCF name is staying, with Detroit's Chemical Bank changing its name.

Minneapolis law firm cuts 20 support staff from its workforce

Legal giant Dorsey & Whitney has laid off 20 employees, including 12 positions at the downtown Minneapolis headquarters. The Star Tribune reports no lawyers were cut from the firm. The newspaper notes the remaining layoffs were at offices in California, Hong Kong, New York, Salt Lake City and Seattle.

Minnesota's longest-running law firm closes

St. Paul-based Moore, Costello & Hart dissolved as of Monday, according to the Business Journal. The law firm was founded in 1855 and focused on small business consulting, nonprofit and health care law, estate planning, and commercial and construction litigation. U.S. Chief Justice Warren Burger was a partner before he was appointed by President Richard Nixon in 1969.

Minn. law firm at center of massive new bank settlement

Pressed for years by a Minneapolis law firm, Visa, MasterCard and 13 of the country's biggest banks have agreed to pay $7.25 billion to settle accusations by retailers that they engaged in price-fixing on credit card transaction fees. The settlement could be the largest antitrust class-action settlement in U.S. history. Lead counsel for the class plaintiffs is K. Craig Wildfang, an antitrust lawyer in Minneapolis with Robins, Kaplan, Miller & Ciresi.