Washington law firm Dickstein Shapiro becomes smaller, more focused business

24 Agosto 2014
Paese:  USA Fonte: 

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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