At 67 years of age, it has been some time (family, colleagues, and friends aside) since James Kokonis has been “an object of affection”. But he is now. Major law firms are casting covetous eyes. His assets are being ogled. Potential suitors wonder aloud: will he or won’t he? And, as one would expect, Kokonis adopts a classic stance well-suited for people in his position: he feigns indifference.James D. Kokonis, Q.C., is the Chairman of Smart & Biggar/ Fetherstonhaugh & Co. The assets in question are his firm—Canada’s only national intellectual property boutique and widely regarded as one of the most successful practices in the country. And IP is hot. It is the turbo-charging engine of the “new economy” where the value of intellectual capital dwarfs the importance of bricks and mortar. It is the future. It is also a practice area which many of Canada’s major full-service firms have tried to master, but with mixed success. In the U.S. and the U.K., there has been a flurry of mergers and attempted mergers between major full-service firms and top-tier IP boutiques. San Francisco’s Pillsbury Madison’s takeover of Washington, D.C.’s Cushman Darby or Baker & Botts LLP acquisition of Brumbaugh Graves… Read full this story
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