Thacher Proffitt & Wood Staff Get The Shaft
Thacher Proffitt & Wood has been struggling for some time. A memo sent by managing partner Paul Tvetenstrand to TPW staff the Wednesday before Thanksgiving provides the latest evidence of the...
View ArticleLaw Firm Merger Mania: Thacher Proffitt To Be Rescued by King & Spalding?
Talks between Thacher Proffitt and King & Spalding, a story we broke here, remain ongoing. From the Legal Times: Atlanta-based King & Spalding is in talks to acquire most, but not all of...
View ArticleNationwide Dissolution Watch: Is TPW Finally Done?(Stay tuned. We’ll know...
Last Thursday, we reported that King & Spalding might represent the last best hope for Thacher Proffitt & Wood. The Legal Times puts TPW’s situation into the clearest possible terms:...
View ArticleThacher Profitt Dissolution Update:December 31st Could Be the End for TPW...
Hard facts are difficult to come by, especially when the firm does not respond to requests for comment. But a tipster reports that Thacher Proffitt & Wood did have an associates meeting yesterday...
View ArticleTreasury Hires Thacher To Help Out With TARP
Because TPW knows a thing or two about crisis and rescue plans. Seriously, though, it’s a good sign for the firm, even if it may not be a lucrative engagement — the Treasury press release reports that...
View ArticleAnatomy of a Dissolution: Closing the Loop on Thacher Proffitt
As Thacher Proffitt prepares to shut down, the “how did this happen” reports can begin. AmLaw Daily notes that while other firms had banner years in 2007, Thacher was already struggling: Thacher...
View ArticleAnatomy of a Dissolution: Heller Files for Bankruptcy, Thacher Proffitt WARNS...
Heller Ehrman’s bankruptcy has been a long time coming. The firm made the news official on Sunday: Today the Dissolution Committee of Heller Ehrman LLP, in Dissolution (the “Firm”) authorized the...
View ArticleA Would-Have-Been Thacherite Speaks
Thacher Proffitt & Wood made its dissolution official last month. Last Monday, the firm officially rescinded offers to approximately twenty 3Ls who were bound there after graduation. One...
View ArticleThacher Has More Bad News For Its First Year Associates: “We’re going to need...
This month is a rough one for former Thacher-ites. Many are still jobless. The last of their WARN-mandated paychecks have come. And first year associates are being reminded that they still owe the firm...
View ArticleGhosts of Thacher Proffitt Get SNR Denton Off on a Sour Note
Now that both partnerships have voted, the merger between Sonnenschein and Denton Wilde is a done deal. But the ride between now and the effective merger date of September 30th could still be bumpy....
View ArticleThacher Proffitt & Wood Staff Get The Shaft
Thacher Proffitt & Wood has been struggling for some time. A memo sent by managing partner Paul Tvetenstrand to TPW staff the Wednesday before Thanksgiving provides the latest evidence of the...
View ArticleLaw Firm Merger Mania: Thacher Proffitt To Be Rescued by King & Spalding?
Talks between Thacher Proffitt and King & Spalding, a story we broke here, remain ongoing. From the Legal Times: Atlanta-based King & Spalding is in talks to acquire most, but not all of...
View ArticleNationwide Dissolution Watch: Is TPW Finally Done?(Stay tuned. We’ll know...
Last Thursday, we reported that King & Spalding might represent the last best hope for Thacher Proffitt & Wood. The Legal Times puts TPW’s situation into the clearest possible terms:...
View ArticleThacher Profitt Dissolution Update:December 31st Could Be the End for TPW...
Hard facts are difficult to come by, especially when the firm does not respond to requests for comment. But a tipster reports that Thacher Proffitt & Wood did have an associates meeting yesterday...
View ArticleTreasury Hires Thacher To Help Out With TARP
Because TPW knows a thing or two about crisis and rescue plans. Seriously, though, it’s a good sign for the firm, even if it may not be a lucrative engagement — the Treasury press release reports that...
View ArticleAnatomy of a Dissolution: Closing the Loop on Thacher Proffitt
As Thacher Proffitt prepares to shut down, the “how did this happen” reports can begin. AmLaw Daily notes that while other firms had banner years in 2007, Thacher was already struggling: Thacher...
View ArticleAnatomy of a Dissolution: Heller Files for Bankruptcy, Thacher Proffitt WARNS...
Heller Ehrman’s bankruptcy has been a long time coming. The firm made the news official on Sunday: Today the Dissolution Committee of Heller Ehrman LLP, in Dissolution (the “Firm”) authorized the...
View ArticleA Would-Have-Been Thacherite Speaks
Thacher Proffitt & Wood made its dissolution official last month. Last Monday, the firm officially rescinded offers to approximately twenty 3Ls who were bound there after graduation. One...
View ArticleThacher Has More Bad News For Its First Year Associates: “We’re going to need...
This month is a rough one for former Thacher-ites. Many are still jobless. The last of their WARN-mandated paychecks have come. And first year associates are being reminded that they still owe the firm...
View ArticleGhosts of Thacher Proffitt Get SNR Denton Off on a Sour Note
Now that both partnerships have voted, the merger between Sonnenschein and Denton Wilde is a done deal. But the ride between now and the effective merger date of September 30th could still be bumpy....
View Article