Practice area

IFLR1000 Reviews

Financial and corporate
Ballard Spahr

A truly national law firm, Ballard Spahr operates 15 US locations across several different regions. The firm counts locations in some of the country’s largest markets, including New York, Los Angeles, Atlanta and Philadelphia. However, Ballard Spahr also occupies smaller markets such as Salt Lake City, Utah, Boulder, Colorado and Sioux Falls, South Dakota.  

With headquarters in Philadelphia, Ballard Spahr’s largest office gives it a significant foothold in Pennsylvania, particularly the state’s eastern half. The Philadelphia team excels in M&A, capital markets and real estate work.  

Technology and life sciences are among the practice areas that the firm’s banking team focuses on. In one highlight from the technology sector, the firm advised cloud-based management tool Guru Technologies on a $25 million financing.  

Meanwhile, the Philadelphia M&A group handled several headline transactions. In one of them, the firm guided gas analyzer manufacturer Tiger Optics on its $15 million acquisition by investment firm Union Park Capital. 

Cozen O'Connor

Headquartered in Philadelphia, Cozen O’Connor is a truly national firm, with offices spread across the US in legal markets both large and mid-sized. Locations outside of Philadelphia include Atlanta, Charlotte, Chicago, Denver, Houston, Los Angeles, Seattle and Miami.  

Between its Philadelphia headquarters and offices in Pittsburgh, Wilkes-Barre and West Conshohocken, Cozen O’Connor has a big footprint in the Keystone State.  

The firm boasts an especially accomplished M&A team. The group worked on deals in industries such as technology, gaming and healthcare throughout the research period. In one highlight, the firm advised Valley Forge Convention Center Partners on the sale of its Valley Forge Casino Resort to Boyd Gaming in a $280 million deal.  

Another standout deal for the firm came from Attis Industries’ $100 million sale of Meridian Waste Solutions to Warren Equity Partners. The team represented Attis Industries on the transaction.  

The firm added partners Scott Mehok, Jonathan Ballan and Robert Owen Senzer to its corporate practice over the research period. Mehok joined from Eckert Seamans, while Ballan and Senzer both were hired from Dentons.  

Cozen O’Connor moved into tier 2 for M&A in Pennsylvania this year.  

Duane Morris

With headquarters in Philadelphia, it’s no surprise that many of Duane Morris’ largest and most noteworthy deals are handled by its Pennsylvania-based attorneys. The firm’s Philadelphia office is recognized for its achievements in M&A, capital markets, banking and restructuring, making Duane Morris among the most well-rounded financial and corporate firms in the entire state of Pennsylvania.  

In one highlight for the firm’s banking team, Duane Morris represented ICONA Opportunity Partners on refinancing its current debt. ICONA operates luxury hotels and resorts.  

The biopharmaceutical industry was a key source of work for the firm’s M&A and capital markets team. One standout deal came from advising Complexa on a preferred stock financing intended to help the company fund clinical development.  

Client feedback 

“Fantastic service. These are great lawyers. They do quality work.” – Banking 

“Very responsive counsel and aggressive, effective advocate.” - Banking 

“Duane Morris' work is exceptional, from assisting with due diligence to drafting the deal documents to answering questions as they arise during integration.” – M&A 

Lawrence Kotler 

“Very knowledgeable and capable advocate. Always available, dedicated to achieving the right result for clients.” 

Dianne Meyer 

“Great partner: I trust what she says and she’s very responsive.”  

Darrick Mix 

“Darrick is extremely responsive and accessible. He is always willing to answer questions and explain various matters to the business stakeholders as we proceed through the process.” 

Morgan Lewis & Bockius

Headquartered in Philadelphia – where the firm was founded in 1873 – Morgan Lewis & Bockius is a leading national firm. In addition to its headquarters, the firm operates 16 other US offices, including in New York, San Francisco, Dallas and Los Angeles. Morgan Lewis has a particularly extensive reach in the Northeast, with offices dotting smaller cities such as Hartford, Connecticut, Wilmington, Delaware and Princeton, New Jersey.   

From its Philadelphia headquarters and Pittsburgh office, Morgan Lewis & Bockius operates one of the most versatile and most successful law firms in Pennsylvania. The firm is a leader in M&A, capital markets and restructuring.  

The firm’s capital markets team advised issuers on a number of equity offerings over the research period. One standout was client Idera Pharmaceuticals’ $50 million at-the-market offering.  

Few firms in Pennsylvania can claim the experience and accomplishments of Morgan Lewis’ M&A team. The information technology sector was a key source of clients for the team over the research period. In one highlight, the firm advised Sun Capital Partners on its acquisition of Regal Beloit’s drive technologies businesses.  

Among the firm’s most significant cases for the restructuring group was Walter Energy’s Chapter 11 bankruptcy. The team represented the United Mine Workers of America pension plan in connection with the Chapter 11 proceedings.  

Client feedback 

“The firm has done a fantastic job and has always approached things in a balanced and practical manner. Very happy with the expertise and client service.” – M&A 

Colby Smith 

“Colby is great.  He is very responsive and thoughtful, and always looks to find practical solutions. He is very well-spoken, and I am always happy to have him as a partner in moving things forward.” 

Reed Smith

With offices in Pittsburgh and Philadelphia, Reed Smith spans the length of Pennsylvania’s variegated legal market. The firm’s local strengths are its banking, restructuring and M&A practices.  

The firm’s Pennsylvania banking team worked with lenders on several significant deals.  

The M&A group handled deals in the real estate, manufacturing, financial services and pharmaceutical industries. In one highlight, the firm represented Bryn Mawr Bank in connection with its $130 million acquisition of Royal Bancshares of Pennsylvania.

Schnader Harrison Segal & Lewis

Founded in Philadelphia in the 1930s, Schnader Harrison Segal & Lewis has offices spread across the Northeast, with locations in Cherry Hill, New Jersey, Melville, New York, New York City, Wilmington, Delaware and Washington DC. However, Schnader is more than simply a regional player: the firm also operates offices in Pittsburgh and San Francisco, and has an association with Indonesian law firm Yang & Co to represent Indonesian clients with legal needs in the US.  

Many of the firm’s recent deals contain confidential details. However, from its base of operations in the Northeast the firm’s middle market M&A practice handled transactions across the US. Energy, waste, pharmaceuticals and technology were among the sectors that kept the firm’s M&A group busy over the past year.