Time Is Running Out For Howrey

Law360, New York (January 28, 2011, 6:25 PM EST) -- With Howrey LLP hemorrhaging top talent, including a vice chairman who reportedly took a $20 million book of business with him, it is crucial that the global giant reorganize or merge with a healthier firm fast before it dissolves completely, experts say.

Howrey has reportedly been negotiating with Winston & Strawn LLP about a possible tie-up, and industry experts speculate that other big-league players may be eyeing the beleaguered Howrey and its respected antitrust and intellectual property practices.

However, suitors will have to act fast, according...
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