February 08, 2011

Joe Schmelter quoted on how merger and acquisition activity is reshaping the defense industry

1 min

Venable partner Joe Schmelter was quoted in a February 7 Washington Post article highlighting the increase in merger and acquisition activity in the defense community, and how it is "reshaping the local economy."

With regard to the subsequent impact on area law firms, Schmelter commented that the second half of 2010 was "really crazy," noting, "We're at full capacity with M&A lawyers" and are now relying on attorneys in other practices to pitch in.