1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
Law Recruiter Gives 10 Reasons Why Firms Pick Fewer Older Attorneys
Law Recruiter Gives 10 Reasons Why Firms Pick Fewer Older Attorneys
Begin a New Career with LawCrossing
Begin a New Career with LawCrossing
Barclays PLC Sued by New York Attorney General
Barclays PLC Sued by New York Attorney General
IP Law is a Capital Practice Area
IP Law is a Capital Practice Area
Job Listings

Pillsbury Winthrop Talking Merger with Dickstein Shapiro

facebooktwittergoogle_plusredditpinterestlinkedinmail

Reuters reported that on Monday, their sources familiar with both the law firms learned that the New York law firm of Pillsbury, Winthrop, Shaw, Pittman was considering a merger with Washington law firm Dickstein Shapiro. While concerns still remain over financial structuring of the merger, and whether it could follow through to a finish, the leaders from both the law firms are seriously discussing issues.

A Dickstein spokeswoman refused to comment on the Pillsbury merger to Reuters, but said that the law firm remained to stay on its strategic growth plan and it had a “rock-solid, debt-free financial platform.” She also told Reuters that Dickstein was very optimistic about its future.

Even though Pillsbury mad no disclosure or comment to the media about the potential merger, on Monday, at least one Dickstein partner confirmed to Reuters that merger discussions had been taking places with several selected law firms, though he was unable to confirm whether Pillsbury was one of the potential candidates.

Such merger talks often fail to consummate like last year’s talks between Pillsbury and Fulbright & Jaworski. Fulbright ultimately is moving to merge with Norton Rose. Dickstein sources confirmed to the media that Pillsbury had been considered in the past as one of the probable candidates with which the law firm could merge. On the other hand, Pillsbury has also been seeking mergers.

Last year, Dickstein also engaged in talks with Hunton & Williams before the talks ended due to client conflicts.

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


According to the American Lawyer, Dickstein had grossed $247 million in 2011 with record profits of $915,000 per partner. On the other hand, Pillsbury had grossed $527 million in 2011 with $1 million profits per partner.

Pillsbury Winthrop Talking Merger with Dickstein Shapiro by
facebooktwittergoogle_plusredditpinterestlinkedinmail

Tagged: , , , ,

Posted by on December 18, 2012. Filed under Home. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Family Law Paralegal
USA-AZ-Scottsdale

Qualified candidate MUST have: A minimum of 5 years Family Law paralegal experience Be self-motivated with the ability to independently manage cases Have excellent organizational a...