TITLE

Partner exits, failed merger and debt killed off Brobeck

AUTHOR(S)
Cushnie, Lorraine
PUB. DATE
August 2005
SOURCE
Lawyer;8/22/2005, Vol. 19 Issue 33, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Looks back on the 2003 closure of the law firm Brobeck Phleger & Harrison LLP in the light of the 2005 closure of British firm Coudert Brothers LLP. Combined pressures of a mass exodus of partners, failed merger talks and a heavy debt burden that led to the closure; Resignation of Steven Zager, a major rainmaker in the firm's Texas practice to transfer to Akin Gump Strauss Hauer & Feld; Failure of merger talks with Morgan Lewis & Bockius; Details of the decision to dissolve the firm after the failed merger talks; Firm's litigious battles as it tries to recover its money from partners that have fled.
ACCESSION #
18075333

 

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