March 02, 2020

Gina Kastel and Steven Kennedy Comment on Minneapolis Legal Market and Law Firm Merger Activity

Executive Partner Gina Kastel and Minneapolis Office Leader Steven Kennedy spoke with Twin Cities Business for a story about the legal market in Minneapolis. Kastel and Kennedy provided insight into the Twin Cities’ legal community and why it has become so attractive for law firm expansion.

“Think about the business community here in the Twin Cities, which has an amazing array of large national and international companies. They need legal capability that has depth and breadth and geographic reach." GINA KASTEL

The article went on to discuss the recent law firm mergers that have impacted Minneapolis. Kennedy described how Faegre Drinker (post-merger) can offer expanded benefits to clients, which sets the firm apart from its competition.

“Clients were very conscious about cost before the recession, but I think they’ve become even more focused on it since.”  STEVEN KENNEDY

 

Kennedy added that Faegre Drinker can provide value to clients because many of its lawyers will be in the Midwest where legal fees are lower than in the expensive New York and Los Angeles markets.

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