Biglaw Firm Swoops In As Midsize Firm Collapses, Scooping Up Its Lawyers - Above the Law
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Biglaw Firm Swoops In As Midsize Firm Collapses, Scooping Up Its Lawyers - Above the Law
""[T]he team's move allows Womble to open new offices in Albany, New York, and Cleveland, Ohio-where it already employed some lawyers-and brings Womble's total to 31 offices in the U.S. and 39 globally. It also expands existing offices in Houston, Washington, D.C. and Irvine, California, firm officials said.""
""Although the firm acknowledged that "a number" of attorneys had recently announced plans to leave, managing member Michael Ferachi said that its decision wasn't due to "any specific attorney's departure."""
""As noted by Reuters, Mark Edelman, leader of the group that decamped for Womble, "declined to comment" on the timing of the move, as did a spokesperson for McGlinchey.""
""leaving many lawyers "scrambling for jobs" in the wake of the midsize firm's unexpected decision to wind down.""
McGlinchey Stafford announced it would shut down, prompting many lawyers to seek new positions. Womble Bond Dickinson agreed to bring on a 36-member team from McGlinchey's consumer financial services group, including 19 lawyers (11 partners, three counsels, five associates) and 17 licensing professionals. Womble reported $612,200,000 gross revenue in 2024 and ranks No. 92 on the Am Law 100. The acquisition enables Womble to open offices in Albany and Cleveland, expand existing offices in Houston, Washington, D.C., and Irvine, and reach 31 U.S. offices and 39 global offices. Talks began December 8 and finalized December 26; McGlinchey equity members voted to wind down shortly after.
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