Faegre Baker Daniels

Faegre Baker Daniels LLP (/ˈfeɪgriː ˈbeɪkər ˈdænjəlz/ ), also known as FaegreBD, and now Faegre Drinker after a 2020 merger, is a full-service international law firm, and one of the 75 largest law firms headquartered in the United States.[6] The firm, which has a strong presence in the Midwestern United States, was formed on January 1, 2012, as the combination of Faegre & Benson LLP and Baker & Daniels LLP. Faegre & Benson was established in Minneapolis in 1886 (originally as "Cobb & Wheelwright") and had grown to be the largest law firm in the Twin Cities. Baker & Daniels was established in Indianapolis as Hendricks & Hord in 1863, and became the second-largest firm in Indiana (behind competing Barnes & Thornburg). The two firms combined on January 1, 2012, and began business operations as Faegre Baker Daniels LLP. As a full-service international law firm, Faegre Baker Daniels LLP provides legal counseling and litigation to a wide range of clients across many practice areas. Faegre Baker Daniels Consulting, the firm's national advisory and advocacy practice, advises clients public and private clients with consulting services. The combined firm employs more than 800 lawyers and consultants in offices throughout the United States, Europe, and Asia.[7]

Faegre Drinker Biddle & Reath LLP[1][2]
No. of offices22[3]
No. of attorneysOver 1,300[4]
Major practice areasGeneral Practice
Key peopleTom Froehle and Andrew Kassner, Co- Managing Partners
Gina Kastel, Chief Operating Partner
Revenue $466,000,000 (2015). The firm is among the 50 largest firms in the U.S.[5]
Date foundedFebruary 1, 2020 (2020-02-01) Drinker Faegre (mergers)
1849 (Drinker Biddle & Reath)
1863 (Baker & Daniels)
1886 (Faegre & Benson)
FounderJohn Christian Bullitt
Company typeLimited liability partnership
Websitewww.FaegreBD.com

In February 2020, it completed a merger with Drinker, Biddle & Reath, becoming Faegre Drinker.[8]

History[9][10]

Faegre Drinker was formed in 2020 by the combination of two Midwest firms with Philadelphia based Drinker Biddle & Reath, whose history stretches back more than 170 years ago to Philadelphia in 1849.[10][11]

Baker & Daniels
Baker & Daniels LLP

Baker & Daniels was founded as Hendricks & Hord in Indianapolis, Indiana, in 1863. Then-U.S. Senator Thomas A. Hendricks, who later served as Governor of Indiana and Vice President of the United States under Grover Cleveland, partnered with Oscar Hord, a former Indiana Attorney General, to create the new firm. The first Baker at the firm was Conrad Baker, who also served as Governor of Indiana. Later, Albert Baker, the son of Conrad Baker, and Edward Daniels, the first Daniels at the firm, joined the practice. After going through several name changes, the firm became known as Baker & Daniels in 1888. After that, Joseph Daniels, the son of Edward Daniels, joined the firm.[12]

Faegre & Benson and Baker & Daniels were not immune to the 2008–2012 global recession, which led to changes in the legal economy. Firms like Faegre & Benson and Baker & Daniels had to resort to salary cuts, reduced or delayed hiring and even staff layoffs in some cases.[13] The merger was approved two months later[14] and on January 1, 2012, Faegre & Benson and Baker & Daniels began business operations as Faegre Baker Daniels LLP.[15] The combination was presented as a merger of equals - the combined firm has no official "headquarters" and the leaders of each legacy firm retained a management role. Legacy Faegre chair Andrew Humphrey became managing partner of the combined firm, while legacy Baker & Daniels CEO Thomas Froehle, Jr. became its chief operating partner.[16] Nonetheless, legacy Faegre - the larger firm - was reputed to be the "dominant" firm in the merger.[17]

On July 1, 2013, Faegre Baker Daniels opened a Silicon Valley office, the firm's first new location since the January 2012 merger. The office is located in East Palo Alto, California, and is initially offering intellectual property services. Faegre Baker Daniels has announced plans to add food and agriculture litigation, immigration and privacy law capabilities to the office in the future. In March 2017, Faegre Baker Daniels opened a Los Angeles office. The office offers business, employment, intellectual property and product liability litigation and consulting.[18]

Faegre Baker Daniels reportedly represented USA Gymnastics in the investigation of former team doctor Larry Nassar and participated in reporting Nassar to the FBI during the summer of 2015.[19]

Practice areas

Faegre Baker Daniels is a full-service law firm, with lawyers specializing in the following areas of law, among others:[20]

Faegre Baker Daniels Consulting

The firm also includes Faegre Baker Daniels Consulting, a division based in Washington, D.C. that acts as a national advisory and advocacy firm. Originally formed in 1985 to act as a full-service lobbying group, it became an important division of legacy firm Baker & Daniels as its scope grew to include grassroots advocacy, direct marketing and public affairs efforts, global medical technology consulting and advice on property tax issues. During this time, the group underwent various name changes (including Gogol & Associates, Sagamore Associates and B&D Consulting). The division was finally rebranded FaegreBD Consulting in connection with the 2012 combination, and now includes approximately fifty professionals who provide interdisciplinary services for private and public sector clients across the country from offices in Washington, D.C., Chicago and Indianapolis. FaegreBD Consulting markets expertise in the following sectors:[21]

  • Communities & Local Governments
  • Economic Development
  • Energy & Environment
  • Equity Property Tax
  • Federal Government Relations
  • Health & Biosciences
  • Higher Education
  • Insurance & Financial Services
  • Sports
  • Strategic Communications

Offices

[[File:Wells Fargo Center from Foshay.jpg|thumb|right|180px|Minneapolis's Wells Fargo Center, home of one of Faegre Drinker's largest offices. Faegre Drinker has more than 1,300 legal and consulting professionals in twenty-two offices worldwide.[22] These offices include:

North America

Europe

Asia

Notable Rankings and Awards
  • Ranked among the top 20 law firms in the United States for client service by The BTI Consulting Group (2009)[23]
  • U.S. News & World Report "Best Law Firms" (2014)
  • Ranked top corporate law firm in Minneapolis among general counsel surveyed by Corporate Board Member (2009)
  • Recognized as a client relationship leader by Fortune 1000 corporate counsel surveyed by The BTI Consulting Group (2009) [24]
  • Ranked by the Legal 500 directory among the top U.S. law firms in various practice areas, including finance, middle-market M&A, real estate and construction, and previous recognition for First Amendment litigation and counseling and domestic tax.[25]
  • Ranked among the top U.S. law firms for certain practices in Minnesota, Colorado, Indiana, Iowa and nationwide by Chambers and Partners. The firm's UK office has also received recognition.[26]
  • Awarded a score of 100 percent by the Human Rights Campaign in its annual Corporate Equality Index, which measures how U.S. companies treat their gay, lesbian, bisexual and transgender employees and clients, making it one of their "Best Places to Work" (2004–2010, 2012-17) [27]

References
  1. https://www.faegredrinker.com/en/about#!#tab-Overview
  2. David Thomas, "Faegre Drinker Makes Its Debut, Pressing Size as an Advantage," The American Lawyer (Feb. 3, 2020), https://www.law.com/americanlawyer/2020/02/03/faegre-drinker-makes-its-debut-pressing-size-as-an-advantage/
  3. https://www.faegredrinker.com/en/about#!#tab-Overview
  4. https://www.faegredrinker.com/en/about#!#tab-Overview
  5. https://www.faegredrinker.com/en/about#!#tab-Overview based on gross revenue.
  6. . The firm is among the 75 largest firms in the U.S., based on gross revenue.
  7. FaegreBD.com - Cities and Office Locations
  8. David Thomas, "Faegre Drinker Makes Its Debut, Pressing Size as an Advantage," The American Lawyer (Feb. 3, 2020), https://www.law.com/americanlawyer/2020/02/03/faegre-drinker-makes-its-debut-pressing-size-as-an-advantage/
  9. David Thomas, "Faegre Drinker Makes Its Debut, Pressing Size as an Advantage," The American Lawyer (Feb. 3, 2020), https://www.law.com/americanlawyer/2020/02/03/faegre-drinker-makes-its-debut-pressing-size-as-an-advantage/
  11. Drinker Biddle & Reath
  12. Gugin, p. 158–159
  13. Above the Law (blog), Nationwide Salary Cut Watch: Don’t Forget About Faegre & Benson (September 16, 2009)
  14. Press Release - Faegre & Benson and Baker & Daniels To Become Faegre Baker Daniels (October 12, 2011).
  15. Press Release - Faegre Baker Daniels Begins Business Operations (January 3, 2012).
  16. Faegre & Benson, Baker & Daniels Say Their Merger Is Officially On, Am Law Daily (October 12, 2011).
  17. Above the Law (blog), Law Firm Merger Mania: Faegre & Benson and Baker & Daniels Make It Official (October 12, 2011).
  19. https://nypost.com/2018/10/16/aly-raisman-blasts-new-usa-gymnastics-head-for-nassar-ties/
  20. Faegre.com - Practices & Industries
  21. FaegreBDC.com - Sectors and Industries Served
  22. https://www.faegredrinker.com/en
  23. The BTI Consulting Group – Top Client Service
  24. The BTI Consulting Group – Client Relationship
  25. Legal 500 - Faegre Baker Daniels profile
  26. Chambers and Partners - Faegre Baker Daniels
  27. Human Rights Campaign – Corporate Equality Index - Faegre Baker Daniels Profile
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