In a strategic expansion move, Baltimore-based law firm Miles & Stockbridge announced a merger with Krooth & Altman, a Washington-based real estate finance law firm. This combination significantly bolsters Miles & Stockbridge’s presence in Washington D.C., integrating Krooth & Altman’s entire team of 30 lawyers into its finance and real estate practice group.
The merger will see 22 principals from Krooth & Altman transitioning into Miles & Stockbridge, including key figures from Krooth’s management committee: Melissa Johnson, Sameer Upadhya, Jon Opert, and David Barsky. This move expands Miles & Stockbridge’s operations to over 200 lawyers, enhancing their capability to provide sophisticated finance and real estate services, especially in the nation’s capital.
This development reflects a trend among law firms aiming to deepen their expertise and widen their geographical footprint through strategic mergers and acquisitions. For Miles & Stockbridge, the addition of Krooth & Altman represents an opportunity to expand its client offerings, especially in the real estate sector, a field expected to see continued demand and complexity in Washington D.C.