8 Thacher Lawyers Defect To Greenberg Traurig

Law360, New York (October 27, 2008, 12:00 AM EDT) -- Greenberg Traurig LLP has lured eight attorneys from the struggling structured finance leader Thacher Proffitt & Wood LLP — including two longtime partners — to start its new White Plains, N.Y., office.

The beleaguered Thacher has seen its profits plummet amid the mortgage crisis because of its focus on securitization work.

Thacher's own White Plans office has reportedly closed and the firm announced over the summer that it had laid off 60 associates. In November, the firm offered 29 first-year associates the option of four months...
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