October 2008 Archives

Brown Raysman — RIP

In the midst of all this dissolution hoopla, we would be remiss not to mention Brown Raysman, the once thriving New York start up that was swallowed up by soon-to-be former Thelen management in the latter’s last ditch effort to salvage their Titanic. So at least we know what Thelen was thinking. But what about Brown Raysman? No one ever placed them in the desperate category pre the ill-fated merger.

Note to Bankruptcy and White Collar Defense Attorneys

As this economic tsusami shows no sign of slowing down, practitioners in counter-cyclical areas such as bankruptcy and white collar criminal law are once again in great demand, reminiscent of the last cataclysmic downturn at the turn of the millenium when the dot-com bubble burst and Enron collapsed. But when is the ideal time for bankruptcy and criminal defense attorneys to start exploring their options?

Partners with Portable Business — Your Premium During the Crisis

It’s a given that a law firm partner with sufficient portable business can always find another firm to host his or her practice. But what is “sufficient” for whom? And what is the present value of your practice today vis-a-vis before the storm? Are there any players who are willing, ready and able to pay a significant premium for the certain revenue you may bring to them in what promises to be a trying 2009 for purposes of the Am Law revenue charts? Who are these firms and how much may they be willing to pay you for such certainty in precarious times?