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March 12, 2010 1:18 PM

Farewell, Darby & Darby

Posted by Zach Lowe

The New York-based IP boutique Darby & Darby is dissolving after merger talks that could have saved the firm failed, according to the New York Law Journal, an Am Law Daily sibling publication. The decision comes after several top firm partners left for general practice firms, including Stroock & Stroock & Lavan and McDermott Will & Emery, the NYLJ reports. 

Who were Darby's last-minute merger candidates? The firm won't say, but the NYLJ confirms that one was the midsize Philadelphia-based firm Saul Ewing. David Antzis, Saul Ewing's managing partner, confirmed the merger talks to NYLJ and said the potential marriage appeared "financially unsound," the paper says. Above the Law reported this morning that Darby also held merger talks with K&L Gates, but that firm's chair, Peter Kalis, told the NYLJ those talks never happened, calling the report "categorically false."

At the moment of its demise, Darby has 62 professionals, including 19 partners, and more than 100 staffers, the NYLJ says.

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