Boston Firm Snags 6-Lawyer Dewey Wealth Team
A 200-attorney Boston-based law firm has further expanded its growing New York office by adding a six-lawyer trusts and estates group from Dewey & LeBoeuf.
Economic uncertainty, ironically, is keeping wealth management lawyers at Sullivan & Worcester and other firms busy, as clients reconfigure their remaining assets and anticipate possible changes in the tax law. Hence, the firm jumped at the chance to bring in the Dewey team, which joined the firm this week, according to Crain’s New York Business.
It is headed by partners Constantine Ralli and Marc Stern, according to a law firm press release, and also includes attorneys Seth Frank, Richard Pershan, Sharon Maguire and Joshua Weiss, three accountants and three other staff members.
“We’ve been seeing a lot of opportunities in the lateral market, because of all the cuts at bigger firms,” says Joel Carpenter. He is co-managing partner of Sullivan & Worcester.
It also has an office in Washington, D.C., as well as affiliations with law firms in six foreign countries.
Related earlier coverage:
ABAJournal.com: “Dewey Cuts 66 Partners’ Pay—By As Much as 80 Percent”
National Law Journal: “Dewey, Shearman lay off about 160 support staff “