Howrey LLP

We’re hearing rumors about a few additional departures from Howrey….

double red triangle arrows Continue reading “Musical Chairs: More Howrey Departures”

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Accept your offers. It’s wise advice for 2Ls going through fall recruiting, and it’s wise advice for partners of the rapidly unraveling Howrey law firm, most of whom have offers to join Winston & Strawn. Last weekend, Winston made offers to a little over 75 percent of Howrey partners, with responses requested in 21 days.

Yesterday we mentioned that a Howrey partnership conference call took place on Tuesday. During that meeting, firm chairman Robert Ruyak and Winston & Strawn managing partner Thomas Fitzgerald apparently urged Howrey partners with Winston offers to accept them as soon as possible, according to The Recorder.

Many Howrey partners have already left for other firms, as chronicled in these pages. A group of eleven attorneys recently departed for Morgan Lewis, for example.

Of the 200 to 230 Howrey partners who remain, how many are likely to go with Winston?

double red triangle arrows Continue reading “Howrey Going to Survive the Storm? Board the Winston Lifeboats, Leaders Urge”

Non-Sequiturs: 02.02.11

* I’m doing Non-Sequiturs today, since Elie is too busy marching on City Hall. [Reuters]

* A round-up of lawyer moves inside the Beltway — including another defection from Howrey (patent litigatrix Jennifer Dzwonczyk, to Venable). [Capital Comment / Washingtonian]

* Speaking of Howrey, Professor Larry Ribstein, a partnership law guru, has some questions about the handling of Howrey liabilities. [Truth on the Market]

* Apparently Cardozo Law ladies need sex as well as walking instructions. [Cardozo Jurist]

* RICO suave: Chevon turns the tables on those Ecuadorian environmental plaintiffs. [WSJ Law Blog]

* Congratulations to Orrick’s eight new partners. [Orrick]

* Larry Bodine offers some marketing advice to United Airlines — after a rather unpleasant interaction at LaGuardia Airport. [Larry Bodine's Law Marketing Blog]

* This week in A Round Tuit: the latest Obamacare ruling, the Egyptian uprising, and the shortcomings of the British legal media. [Infamy or Praise]

The troubled law firm of Howrey has previously been compared to a ship. If the comparison is accurate, then one has to wonder whether the ship be sinking.

Look at how many sailors — officers, even — are abandoning ship. The latest news: eleven Howrey lawyers have left for Morgan Lewis & Bockius, in Chicago and California.

A look at the departing attorneys — plus reports about recent and upcoming Howrey conference calls, and questions about the fate of those holding offers from the firm — after the jump….

double red triangle arrows Continue reading “Howrey Going to Hold On to Partners? Eleven Lawyers Leave for Morgan Lewis”

In our last story on the trials and tribulations of Howrey, we expressed doubt that a full-on merger between Howrey and Winston & Strawn would take place. We suggested that Winston would probably wind up “picking up large chunks of Howrey, maybe even entire offices — just like Sonnenschein picked up 100 lawyers from Thacher Proffitt, during TPW’s final days.”

And that appears to be what’s happening now. According to The Recorder, Winston extended individual offers to a little over 75 percent of Howrey partners over the weekend.

And what about the remaining 25 percent? A recruiter familiar with the situation told The Recorder that they either have conflicts issues or aren’t interested in winding up at Winston.

What else do we know about the situation?

double red triangle arrows Continue reading “Winston Reportedly Makes Offers to Over 75 Percent of Howrey Partners”

Developments are flying fast and furious out of Howrey. Yesterday we passed along reports that Howrey’s merger talks with Winston & Strawn were off. Today we’re hearing that they might be back on (or that they never stopped in the first place).

According to the U.K.-based Legal Week (via the ABA Journal), the talks are ongoing. The parties are represented by Thomas Fitzgerald, managing partner of Winston, and Sean Boland, vice chairman of Howrey. Winston is apparently attracted to antitrust at Howrey, an area where Winston wants to expand.

Corroboration of continued Winston / Howrey discussions from a U.S. source, plus some interesting internal emails from Howrey leadership, after the jump.

double red triangle arrows Continue reading “Howrey Going to Make This Merger Happen?
(Plus two interesting internal emails.)

When we last wrote about goings-on at Howrey, the once-strong law firm that’s now experiencing troubled times, we mentioned the possibility of partner losses in the Chicago office. The firm pushed back on this, denying knowledge of any imminent defections in the Windy City.

It now seems, however, that additional partner departures may be on the horizon — in Chicago, and elsewhere too. As reported in Crain’s Chicago Business (via WSJ Law Blog), the Chi-town powerhouse of Winston & Strawn recently discussed a possible merger with Howrey — but then decided against that approach, opting instead to pick off specific groups and partners from Howrey.

The Howrey situation is starting to look a lot like what happened to Heller Ehrman. A well-respected firm with a widely admired culture encounters business difficulties. Key partners and groups (especially IP) start leaving for greener pastures or more stable platforms. A potential white knight emerges — Mayer Brown in Heller’s case, and Winston & Strawn in Howrey’s — but then decides to order a la carte from the menu of partners, practices and offices, instead of going for the chef’s tasting menu.

A distressed employee of the firm sets up a blog to serve as a clearinghouse for updates. Heller had Heller Highwater, and Howrey had Howrey Doin’.

But now it looks like Howrey Doin’ is… done. If you surf over to http://howreydoin.wordpress.com/, the blog’s former address, you learn that “[t]he authors have deleted this blog.”

What the heck happened? We have a statement from the author of the blog, as well as a response from the firm.

double red triangle arrows Continue reading “Howrey Going to Get Out of This Pickle?”

When asked for some 2011 predictions by the folks over at Hellerman Baretz, I had this to say (among other commentary): “Although business is generally picking up, some firms still haven’t managed to shake off the effects of the recession — and they are now seeing significant defections, as their partners leave for firms that have weathered the storm better. So, in the next year, look for at least one large — i.e., Am Law 200 — law firm to either dissolve or be swallowed up by another firm as an alternative to dissolution.”

One firm that has been experiencing some major partner departures and general upheaval is Howrey. This post is the first of what we expect to be a series of stories about the firm. If you have information about Howrey that you can share, please email us or text us.

It’s getting hard to keep track of all the partner defections at Howrey. But let’s give it a shot, as well as talk about various Howrey offices that might not be long for this world….

double red triangle arrows Continue reading “Howrey Going To Fix This? (Partner Defections, Office Closings — Not Good.)”

Non-Sequiturs: 12.13.10

* Bad news for Howrey: Gary Bendinger, co-chair of litigation, is leaving for Sidley Austin, along with two other litigation partners, Gregory Ballard and Kevin Burke. [Am Law Daily]

* Richard Epstein and Megan McArdle on today’s judicial smackdown of Obamacare. [Instapundit]

* Quipped our tipster: “Three cheers to annoying psychology undergrads getting mugged in West Harlem. At least Dino BBQ is here to stay.” [Columbia Spectator]

* Just like last year, there’s some humorous motion practice going on as a result of Auburn college football scheduling. [Birmingham News]

* My pay during my AUSA days wasn’t great — but at least it was greater than zero. [S**t Law Jobs]

* It’s not too late to submit an entry for our law firm holiday card contest. [Above the Law]

* Or to RSVP for our holiday party (although we’re almost at capacity). [Above the Law]

It looks like layoffs are making a comeback of sorts. If you are working as legal support staff in a Biglaw firm, you need to keep your head on a swivel.

Last week, we reported on cuts for staff (in terms of bonuses) at Jones Day. Today Above the Law can report on cuts of staff, at Howrey.

Multiple tipsters report that Howrey laid off 35 support staffers over the course of last week. What should be particularly disturbing to attorneys is that Howrey previously conducted staff layoffs in advance of significant attorney cuts

double red triangle arrows Continue reading “Staff Layoff Watch: Howrey Makes Cuts”

With fall recruiting gearing up, and the lateral market warming up, we continue our annual series of open threads about the law firms featured in the Vault prestige rankings. These threads provide ATL readers with a forum to discuss the different firms and their various strengths and weaknesses.

The end of the Vault 100 is in sight. We’re covering the firms in batches of 20 now. Here are the firms ranked #61 to #80, which will provide today’s discussion fodder:

61. Greenberg Traurig, LLP
62. Holland & Knight LLP
63. Fish & Richardson P.C.
64. Sonnenschein Nath & Rosenthal LLP
65. Cahill Gordon & Reindel LLP
66. Foley & Lardner LLP
67. Perkins Coie LLP
68. Nixon Peabody LLP
69. Patton Boggs LLP
70. Kaye Scholer LLP
71. Hunton & Williams LLP
72. Reed Smith LLP
73. Steptoe & Johnson LLP
74. Chadbourne & Parke LLP
75. Howrey LLP
76. Bryan Cave LLP
77. Lovells (US) [now part of Hogan Lovells]
78. Katten Muchin Rosenman LLP
79. Crowell & Moring LLP
80. Schulte Roth & Zabel LLP

This is a very eclectic group, including a few New York-centric firms, some D.C.-dominated places, and a bunch of national and even international giants.

Let’s take a closer look at some of these shops….

double red triangle arrows Continue reading “Fall Recruiting Open Threads: Vault 61 – 80 (2011)”

A year ago, Howrey announced that it was slashing first-year starting salaries and radically changing its first-year program. Drinker Biddle had adopted a similar “apprenticeship” approach a few weeks before Howrey. Aside from Howrey, Drinker Biddle, and some firm in Kentucky, no other law firm has tried to sell below market salaries and intensive “training” to new recruits.

Despite the paucity of firms attempting to remake the first year experience, the press remains fascinated by the experiment. In April, the Washington Post did a feature on Howrey’s first year experiment. Today, the National Law Journal has a full breakdown of the year-old program:

Proponents hail the programs as a positive step away from the sink-or-swim environment many young attorneys encounter when they show up at large firms, and as a practical response to the growing cost-consciousness of clients. The firms bill at much lower rates or not at all for work performed by the apprentices, who earn lower salaries than the industry standard.

The three firms that have gone in this direction claim that the apprenticeships are working. But since nobody is following their lead, it’s evident that the rest of Biglaw is not at all convinced…

double red triangle arrows Continue reading “Legal Press More Fascinated By Apprenticeship Programs than Law Firms”