More than a dozen former Dickstein Shapiro lawyers sued Blank Rome this week, alleging it refused to return $4 million in capital contributions by characterizing the 2016 combination of the two firms as a sale of assets rather than as a merger.
Blank Rome chairman Alan Hoffman called it an asset acquisition at the time of the February 2016 deal. The combination resulted in a combined firm of more than 620 lawyers in 14 offices. Hoffman reiterated that the deal “was not a merger” in an interview with Big Law Business.
Washington-based Dickstein Shapiro, founded in 1953, had wavering fortunes ...
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