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Client NewsNews Release FOR IMMEDIATE RELEASE Merger Talks Between Law Firms: Texas-Based Hughes & Luce in Discussions with K&L Gates About Combining FirmsJuly 26, 2007 (NEW YORK and DALLAS, TX)…Kirkpatrick & Lockhart Preston Gates Ellis LLP (K&L Gates) and Hughes & Luce LLP (H&L) today announced that they are discussing the possible combination of their firms by year-end. If the combination occurs, the resulting firm would comprise over 1,500 lawyers in 24 offices located in the United States, Europe and Asia. “More than 10 percent of the Fortune 1000 call Texas home,” said Peter Kalis, K&L Gates’ Chairman and Global Managing Partner. “These and other Texas-based enterprises – including an enviable number of middle market and emerging growth companies, funds and financial institutions, and individual entrepreneurs – compete in regional, national and global markets, just as enterprises based elsewhere in the world do substantial business in Texas. Hughes & Luce is one of the pre-eminent law firms in the state and thus a very attractive potential partner.” “A true global platform created by the proposed merger would heighten the combined firm’s ability to serve clients in Texas, throughout the United States and around the world,” said Edward Coultas, Hughes & Luce’s Managing Partner. “We are eager to explore this strategic opportunity for our clients and our respective firms.” The combined firm would have offices in Anchorage, Austin, Beijing, Berlin, Boston, Coeur d’Alene, Dallas, Fort Worth, Harrisburg, Hong Kong, London, Los Angeles, Miami, Newark, New York, Orange County, Palo Alto, Pittsburgh, Portland, San Francisco, Seattle, Spokane, Taipei and Washington, D.C. The discussions between the firms commenced in the spring and have progressed continuously since that time. It is anticipated that, if the talks proceed to a successful conclusion, formal proposals will be presented to the respective partnerships in the fall. A further press announcement will be made upon the resolution of the talks. Dallas-based Hughes & Luce is a full-service law firm with around 150 attorneys in its Dallas, Fort Worth, and Austin offices. The firm serves national and international clients with business interests across the world and spanning numerous industries. For more information, visit www.hughesluce.com. About K&L Gates K&L Gates comprises approximately 1,400 lawyers in 22 offices located in North America, Europe and Asia, and represents capital markets participants, entrepreneurs, growth and middle market companies, leading FORTUNE 100 and FTSE 100 global corporations and public sector entities. For more information, visit www.klgates.com. K&L Gates comprises multiple affiliated partnerships: a limited liability partnership with the full name Kirkpatrick & Lockhart Preston Gates Ellis LLP qualified in Delaware and maintaining offices throughout the U.S. , in Berlin, and in Beijing (Kirkpatrick & Lockhart Preston Gates Ellis LLP Beijing Representative Office); a limited liability partnership (also named Kirkpatrick & Lockhart Preston Gates Ellis LLP) incorporated in England and maintaining our London office; a Taiwan general partnership (Kirkpatrick & Lockhart Preston Gates Ellis) which practices from our Taipei office; and a Hong Kong general partnership (Kirkpatrick & Lockhart Preston Gates Ellis, Solicitors) which practices from our Hong Kong office. K&L Gates maintains appropriate registrations in the jurisdictions in which its offices are located. A list of the partners in each entity is available for inspection at any K&L Gates office. ALL darbyDarnit NEWS RELEASES ALL CLIENT NEWS RELEASES
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