Washington law firm Dickstein Shapiro becomes smaller, more focused business
On paper, Dickstein Shapiro, the 61-year-old Washington law and lobby firm, had a difficult year in 2013.
It experienced a 20 percent drop in revenue and a 35 percent drop in profits, declines that even in a challenging market for corporate law firms are considered sizeable. Since last summer, dozens of attorneys and professionals have left to join other law firms, including clusters that went to Crowell & Moring, Greenberg Traurig and Lowenstein Sandler. Today, Dickstein is at its smallest point in recent memory, with about 225 attorneys nearly 40 percent smaller than it was five years ago, when it had about 360 lawyers.
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