Davis Wright Tremaine, a Seattle-based law firm with about 420 attorneys, said Tuesday that it will merge with Washington, D.C-based Cole, Raywid & Braverman on Jan. 1.
In the merger, Davis Wright will acquire a boutique firm with 35 lawyers who largely represent cable and telecommunications companies.
Cole Raywid’s attorneys will be folded into Davis Wright’s communications, media and technology law practice, boosting that group’s numbers to 120 nationwide.
Daniel Waggoner, the Davis Wright partner who chairs the practice, says attorneys from the firms have worked together on numerous matters for years and share a number of clients, including Discovery Communications Inc., Comcast Communications Corp., Charter Communications Inc. and T-Mobile.
“We periodically asked them if they were interested in doing something [a merger],” Waggoner says. Cole Raywid brushed off such advances until last April, when discussions about a possible merger began in earnest.
Davis Wright, a full-service firm with a heavy telecom and technology law focus, ranked 115 in The American Lawyer’s latest Am Law 200 survey, with firmwide revenues of $186 million and profits per partner of $360,000.
Cole Raywid’s revenues per lawyer and profits per partner are on par with Davis Wright’s, says Cole Raywid senior partner Burt Braverman, although he declined to provide the firm’s numbers, citing company policy.