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Musical Chairs: Ex-PoGo Partners Go

Barnes Thorburg logo.jpgBack in November, Bryan Cave acquired Powell Goldstein. At the time of the merger, it looked like Bryan Cave was throwing PoGo a lifeline, potentially saving the venerable southern firm from dissolution.

But months after the merger partners are still leaving legacy Powell Goldstein. The Indiana firm Barnes & Thornburg is opening up an Atlanta office with two former PoGo partners. Indy.com reports:

Stuart C. Johnson and Jason A. Bernstein, previously partners in the Atlanta office of Bryan Cave Powell Goldstein, will join the firm to open the Atlanta office. Johnson becomes a partner in the firm’s Business Department, and Bernstein becomes a partner in the Intellectual Property Department. Both will join the firm’s new office located in Buckhead at the Atlanta Financial Center.

After the jump, a tipster reports on the significance of these defections.

At least one tipster feels that this is particularly bad news for what is left of old Powell Goldstein:

Of particular significance, one of the focuses of the new branch will be a health care practice. PoGo once had a significant health care practice that was a cash cow for the firm. Several partner defections have left that practice a shell of its former self and the new Barnes & Thornburg office could signify the continued deterioration of the practice.

Of course, everything is coming up roses for Barnes & Thornburg. According to the firm’s press release, they are even hiring:

The firm will aggressively recruit lateral attorneys in all practice areas, with the intention of building a full-service office in Atlanta, similar to its approach in Chicago where the firm has built a full-service office with more than 85 attorneys and other legal professionals.

One firm’s loss is another one’s gain.

Atlanta arm is latest add-on for Indy law firm [Indy.com]
Barnes & Thornburg LLP Expands to Atlanta [Barnes & Thornburg]

Earlier: Bryan Cave & Powell Goldstein ‘Officially’ Announce Merger (Or Acquisition Or … Something)

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