Weighing the options: What’s fueling law firms to open Pittsburgh offices?

June 22, 2023 – Media Mention
Pittsburgh Business Times

Herrick Chief Operating Partner, Barbaros Karaahmet, and partner, Megan E. Thompson, were quoted in a Pittsburgh Business Times article about Herrick's expansion to Pittsburgh, and why there is an uptick of other out-of-town law firms making the same move. 

The article highlighted that "it's not uncommon for a year or even two to pass without an out-of-town law firm planting its flag in Pittsburgh." But in the first quarter of 2023, Herrick was one of four law firms to open up offices there.

"Pittsburgh is an area where we have enough clients now to take them to the next level with a physical presence," Barbaros noted.

Megan Thompson, previously a shareholder at a large firm based in Pittsburgh, recently joined Herrick's Pittsburgh office. She explained that she saw a growth opportunity to expand her client base at Herrick. Her practice focuses on large institutional bank clients, and Herrick represents a wide variety of lenders, including nonbanks and nontraditional lenders. 

Read the full article in Pittsburgh Business Times here. Access may require a subscription.