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The Lawyer Global 100

Squire Sanders & Dempsey


Turnover:£225.3m
Profit per equity partner:£343,000
Revenue per lawyer:£332,000
Total number of lawyers:680

Cincinnati-headquartered Squire Sanders & Dempsey spent much of 2006 in merger talks with St Louis-based Bryan Cave.

The talks, which collapsed in August, would have resulted in one of the few law firm tie-ups in which both sides were of a similar size and profitability. In 2005 Squire Sanders made £225.3m ($410m) with an average profit per equity partner (PEP) of £343,000 ($625,000), while Bryan Cave brought in £219m ($398.5m) with a PEP of £338,000 ($615,000). Both firms' international offices include a presence in London. However, the talks came off the rails after the two firms failed to reach agreement over the structure of the tie-up.

In February 2006, Squire Sanders did manage to bolster its European presence when it merged with the London and Frankfurt offices of the collapsed German firm Haarmann Hemmelrath.

Andrew Visintin, who joined from Haarmann, became the new managing partner of the firm's 30-lawyer London office in September 2006. Visintin's plans include ramping up in the core areas of banking and finance, restructuring, energy and tax.

In 2005, Squire Sanders merged with Miami-based Steel Hector & Davis to create one of the first international law firms with a strong presence in Latin America.

Steel Hector's offices in Caracas, Buenos Aires, Santiago and Santo Domingo were a key driver behind the merger. Squire Sanders previously only had a South American presence in Rio de Janeiro.

 
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