Biglaw Firm Picks Up 20 Partners From Neighboring Competition
It's going to take more than a little poaching to scramble Holland & Knight.
One partner leaving a firm is unfortunate. Maybe they wanted to move elsewhere for a change of pace or renegotiate their compensation. But if 20 partners decide to jump ship and work down the block at the same time, it could be a sign of some serious turmoil. Thankfully, it looks like a storm that Holland & Knight will be able to weather. From Law.com:
Holland & Knight is facing an uncertain fate in Philadelphia following the departure of a group of over 20 partners to Polsinelli’s own flagship office in the city.
Sources described the large lateral move as unusual, especially considering some members of the group, described by Polsinelli as a group of “premier” executive compensation and employee stock ownership plan attorneys, are likely part of a large group that left Reed Smith in 2018 to help Holland & Knight establish a presence in the city.
Polsinelli has not yet named the partners participating in the move, but prominent Philadelphia-based partners of Holland & Knight’s executive compensation team include John Martini and David Pardys. Both attorneys’ profiles remain active on Holland & Knight’s website, neither have changed their employment status on LinkedIn, and neither responded immediately to requests for comment.
The change in headcount shouldn’t be taken for the end of Holland and Knight’s hold in Philly. The firm has already made public plans to rebuild the office:
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“We are committed to Philadelphia, where we have a talented team of attorneys led by executive partner, Richard Harris. They are backed with the resources of our approximately 2,200 lawyers and other professionals across 34 offices. We look forward to continuing to utilize these resources and platform to grow our Philadelphia office and provide a best-in-class platform for serving successful and innovative companies worldwide,” a spokesperson for Holland & Knight said by email in response to the group’s departure.
If you’re going to make it in Philly, it helps to have a fighter’s spirit. This shouldn’t be anything some focused recruiting and blasting the Rocky soundtrack can’t fix. Best of luck with the office!
Holland & Knight Weights Fate of Philadelphia Office Following Polsinelli Raid [Law.com]
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Chris Williams became a social media manager and assistant editor for Above the Law in June 2021. Prior to joining the staff, he moonlighted as a minor Memelord™ in the Facebook group Law School Memes for Edgy T14s. He endured Missouri long enough to graduate from Washington University in St. Louis School of Law. He is a former boatbuilder who cannot swim, a published author on critical race theory, philosophy, and humor, and has a love for cycling that occasionally annoys his peers. You can reach him by email at [email protected] and by tweet at @WritesForRent.