6 Private Equity Lawyers Sadly Leave Schiff for Sidley
Six private equity lawyers who are leaving a smaller Chicago firm for a Chicago-based giant say they are doing so regretfully, in order to practice from the bigger platform that Sidley Austin offers.
“We have terrible, mixed emotions about this,” S. Michael Peck, 60, who is leading the group from Schiff Hardin to Sidley, tells the National Law Journal. Its article is reprinted by New York Lawyer (reg. req.).
Schiff reportedly has around 400 lawyers, compared to Sidley’s 1,800.
Joining Sidley with Peck, possibly as soon as April 1, will be: Dirk Andringa, Alexis Cooper, Nancy Kasko, Jeffrey Smith and Roger Wilen.
Despite the economic downturn, the private equity practice area is still hot, and there has been considerable jockeying for position in Chicago lately among law firms with a longtime presence in the practice area and newcomers to the city, reports the Chicago Tribune in another article about the Schiff group’s planned departure.
Peck joined Schiff in 2003, after his former law firm, Altheimer & Gray, went out of business, the newspaper notes.