Lawyers

Dickstein Shapiro on the Verge of Merger
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

firm to merge

Summary: Dickstein Shapiro is strongly considering merging by the end of the year.

Oft troubled firm Dickstein Shapiro remains undefeated despite losing a leader, Dennis Hastert, a former House Speaker, who plead guilty to lying to the FBI; and despite the massive exodus of partners, depleting their number from 343 attorneys in 2012 to the current 160. Nevertheless, the firm is eager to merge, and has been courting a few likely candidates.

  
What
Where


Bryan Cave and Locke Lord and Perkins Coie are amidst the candidates for possible mergers, and both would frankly be well served by Dickstein’s strong D.C. presence.

Though partners are reporting that something is going to happen, and in 2015 nevertheless, the firm has not yet taken a vote on the merger. We’re not to that stage yet.

Dickstein has held strong despite losing many partners to Arent Fox, Kay Scholer, Lowenstein Sandler, and of course Greenberg Traurig, who naturally enough, grabbed most of Dickstein’s lobbying practice in 2014. They’ve kept strong because they hold on to capital contributions for three years after a partner leaves, and further, they’ve had a relatively low monthly payroll draw form partners, at about $175,000.

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!!




Further, they’ve come up from 2013, with a windfall of $1.1 million per partner this year, a $340,000 increase compared to last year. So they are starting to look likely, interesting, a little sexy to the likes of Bryan Cave or Lock Lord. Yet we will see how it goes.





 

RELEVANT JOBS

Associate Attorney

USA-PA-Exton

ASSOCIATE ATTORNEY McKenna Snyder LLC, a law firm in Exton, PA has an immediate opening for an ex...

Apply now

Attorney

USA-MI-Sturgis

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Attorney

USA-MI-Coldwater

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Deputy General Counsel / Senior Deputy General Counsel

USA-CA-Sacramento

Cal Cities Culture and Mission Cal Cities is dedicated to creating a collaborative and inclusive ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top