Two default servicing law firms, one headquartered in Chicago and the other in Atlanta, with a combined 75 years in business, have announced the combining of their firms to perform default servicing operations in five states.
McCalla Raymer, LLC [1], which has been in business for 34 years and is based in Atlanta, and Pierce & Associates, P.C. [2], which has been in business for 41 years and is based in Chicago, have combined into one entity that will be known as McCalla Raymer Pierce, LLC. The new combined firm will have offices in Illinois, Georgia, Florida, Alabama, and Mississippi.
“Once this combination was agreed upon, the due diligence and compliance issues were quickly resolved,” said Marty Stone, Senior Managing Partner at McCalla Raymer. “The combining of Pierce and Associates and McCalla Raymer has been a very collaborative venture. By fusing tradition with innovation, McCalla Raymer Pierce, LLC will raise its service level and success to new heights.”
McCalla Raymer and Pierce & Associates have a long history of partnering together to bring innovation to the default servicing industry; two of the firms’ original principals, Denis Pierce and Stan McCalla, are pioneers in the industry.
According to Denis Pierce, the Senior Managing Attorney with Pierce & Associates, “We are extremely excited to announce the combining of McCalla Raymer, LLC with Pierce & Associates.”
“We are extremely excited to announce the combining of McCalla Raymer, LLC with Pierce & Associates.”
Denis Pierce, Pierce & Associates
The combined firm and its clients will benefit from enormous efficiencies in shared services and the technology that will be gained from the combining of the two firms. According to the announcement, McCalla Raymer Pierce, LLC will uphold a commitment to “working the files” in the states where the properties are located, and file level operations and staffing will remain largely unchanged in all five states. The combined firm will focus its practice in residential and commercial real estate services that include foreclosure, title curative, bankruptcy, eviction, commercial origination and workout transactions, complex litigation, title curative litigation, and closing services (REO and retail).
Both firms are a part of the Legal League 100 [3], a Five Star Institute membership group created in 2007 made up of premier law firms working in financial services.
For more information, contact Brian Vaughn, Director of Marketing, at (813) 699-3216, [email protected] [4], or Kent Mattingly, Director of Client Relations, at (312) 932-8330, [email protected] [5].