The number of DC partners sending their rejection letters to Winston is growing tremendously.
The more time passes, the worse it becomes for Howrey's former and currently dwindling roster of current partners and the less Winston will have to show for this mess. I think Winston is also suffering serious damage to its reputation for being rejected by so many high profile attorneys. Could a law firm merger-slash-raid go any more poorly than this?
Here's a compilation of the latest news, as provided by a fabulous post at Sharktank legal and commenters on this message board. Take it for what it is: unconfirmed news. Thanks to the commenters, and please keep the information coming.
1. A growing number of significant antitrust partners in DC are rejecting Winston. As mentioned earlier, superstar Roxann Henry defected to Dewey. It now appears that many others will be following her lead, namely superstar Marc Schildkraut, Jackie Grise who works very closely with Roxann Henry, M.J. Moltenbray who was former head of DOJ's antitrust division, and Mark Schechter.
2. But probably the biggest crack in DC antitrust is Sean Boland and his group, who might be headed to Baker Botts. I am absolutely shocked by this development, and I think it is the most suggestive that something had gone seriously awry with the Winston negotiations. Boland was the lead negotiator.
3. DC IP partners are rejecting Winston as well. Matt Wolf, Ed Han, and two associates are headed to Arnold & Porter.
4. Even MORE DC defectors with Bob Abrams and unnamed others headed to Baker Hostetler or Crowell & Moring.
5. Yet EVEN MORE DC defectors, with John Nields, Jason Raofield, and Andrew Lazerow headed to Covington.
6. California has been a total mystery. A few commenters in the California offices have mentioned that the press is providing them with their only information.
7. Which leaves us with Howrey's Houston office, which has suffered no significant departures since the IP departures that plagued it in the mid-2000s. Is this all that is left for Winston in this whole fiasco? And what has kept them together? Is Winston cutting them a sweeter deal (according to Sharktank, a two-year guarantee of some amount)? But if they were being cut a sweeter deal, that suggests that they have more business and would therefore have bettter options than Winston.
Please provide any news, thoughts, commentary, etc. in the comments below.