Dewey's Downfall Creates Opportunity for Smaller Regional Firm as Chapter 11 Bankruptcy Unfolds
As the Chapter 11 bankruptcy of Dewey & LeBoeuf rolls ahead, the downfall of the onetime 1,300-attorney New York-based law firm continues to create opportunities for others.
At what used to be the Albany, N.Y., office of Dewey, a longtime Brooklyn-based law firm, Cullen and Dykman, opened its doors on Monday in its first office in the state’s capital. At the same time, it is relocating its headquarters to Wall Street, according to the Brooklyn Daily Eagle and the Biz Blog page of the Business Review.
Cullen and Dykman, which was established in 1850 and operates primarily in the New York City metropolitan area, hired two former Dewey attorneys, Brian FitzGerald, 47, and Greg Nickson, 35, to open its new Albany venue. It also has an office in Washington, D.C.
“We have boxes everywhere, as you can imagine,” said FitzGerald, who formerly headed the Albany-based energy practice for Dewey and is now hiring support staff for his new firm. “It will be exciting to grow here. We see a lot of opportunity,” he told Biz Blog.
