Musical Chairs: Hughes Hubbard Is Ready For Some Action
We mentioned that litigation boutiques would likely be big winners from the market collapse. Some small firms are already cashing in. The bankruptcy boutique of Luskin, Stern & Eisler has merged with Hughes Hubbard & Reed.
There was enough room on the Hughes Hubbard bandwagon for everybody at Luskin. All 8 lawyers will be joining Hughes Hubbard’s bankruptcy practice, with name partner Richard Stern becoming the co-chair of the group.
The merger makes perfect sense if Hughes Hubbard is trying to position itself to capitalize on creditor actions coming out of the Wall Street meltdown. Of course, that is not what Hughes Hubbard says they are doing:
Hughes Hubbard says it is merely a coincidence that the deal was finalized after a week of heavy financial turmoil.“We had wanted to do this for a while,” James Modlin, co-chair of the firm’s lateral hiring committee, tells The Am Law Daily. “Starting last summer, we realized the time was right to bolster our bankruptcy practice. Bankruptcy goes in cycles, and we were thinking this might be a boom time.”
Maybe Hughes Hubbard does own the world’s best Magic 8 Ball. However they planned this acquisition, they got the execution exactly right.
Hughes Hubbard Makes Timely Acquisition of Bankruptcy Boutique [Law.com]
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Comments
firsty
first
Giblets
niner
if(!(GULC && UVA))
{
setConsciousness(LAID_OFF);
}
else
{
setConsciousness(SANDWICH_SMUGGLER);
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else
{
setSUCKITMYSTAL!!
}
You wrote an entire post about the acquisition of a non-elite, eight-attorney firm?
You wrote an entire post about the acquisition of a non-elite, eight-attorney firm?
I wrote two comments about Ellie writing an entire post about the acquisition of a non-elite, eight-attorney firm?
What does TTT mean?
2 - I beat you (#1)
What da problem is?
What does TTT mean?
"8 LAWYERS" SHOULD HAVE BEEN WRITTEN "EIGHT LAWYERS"
"8-BALL" IS SUPPOSED TO BE FUCKING HYPHENATED
GOD DAMN IT MYSTAL
Time To Think
Wow 13, perhaps you should have that pulsating blood vessel in your temple looked at.
Debating between offers from Paul Hastings and HHR right now actually, so this is pretty interesting to me.
I'm looking for a firm which is unlikely to go under...
HHR is also representing the trustee of the LEH brokerage, so this could end up being a huge year for them.
16 - your choice is similar to either getting a kick in the crotch or a punch in the face. There are downsides to both and no clear advantage to either. Enjoy your decision.
5 - you're an idiot. go fuck yourself.
You know who else desperately needs some action?
HOPE "I CANNOT WRITE FOR SHIT" WINTERS!
although problematic for other reasons, hhr's products group is a cash cow. (yes, even after the vioxx settlements.) its not going under.
Only accept a position at Paul Hastings if you are not prone to spontaneous miscarriages of justice.
you lawyers are terrible, terrible people.
Unfortunately, the associates from Luskin are from second tier schools.
18, did you look at bonus policies at those respective firms? I would suggest that you check it out. They are archived on abovethelaw.
18, did you look at bonus policies at those respective firms? I would suggest that you check it out. They are archived on abovethelaw.
18, did you look at bonus policies at those respective firms? I would suggest that you check it out. They are archived on abovethelaw.
16: I'm not affiliated with either firm, and the decision is not even close. You should go with HHR.
28 -- why do you think HHR is so much better than Paul Hastings? Just curious.
24, since when do associates and their schools matter? associates are pawns. the book is the thing.
16- you should go with HHR- great place to work... good normal people (by lawyer standards) and in comparison to the rest of my law school friends not a soul sucking sweathshop...