Firms Dive Into Feeding Frenzy As Thelen Dissolves

Law360, New York (October 29, 2008, 12:00 AM EDT) -- Forced to close up shop amid a wave of departures and bleak economic projections, Thelen Reid Brown Raysman & Steiner LLP is attracting a multitude of rival firms looking to pick through Thelen's assets and build up their own rosters.

After days of speculation, Thelen's partnership council on Tuesday launched a dissolution vote, asking partners to agree to close the firm on Dec. 1. The firm blamed a number of economic factors and a recent round of failed merger talks, according to a statement released Tuesday....
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