Last night, as America overwhelmingly expressed its desire for change, New York erupted in celebrations reminiscent of that glorious day when the Mets defeated Baltimore for the World Series title in 1969. All the euphoria aside, though, we are now in the midst of a political tsunami which rivals its economic counterpart in intensity, and the combined impact of these storms only remains to be seen.
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.
Over the last month we have seen venerable Heller dissolve and predict Thacher Proffitt and Thelen are not far behind; relentless attorney hemorrhaging at these firms has already reached the top ranks with Thacher’s Vice Chairman joining Greenberg Traurig and Thelen’s Chairman reportedly in lateral discussions with Howrey.