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WHAT WE’RE WATCHING
BOIES OF SUMMER – The next few months could be interesting ones for Boies Schiller Flexner as it seeks to chart a path forward after the recent departures of executive committee members Bill Isaacson and Karen Dunn, which one former partner described as “devastating.” Dylan Jackson and David Thomas report that, according to information provided by sources, the work generated by Isaacson and Dunn, as well as a group of West Coast partners who left this year, could be as much as $100 million. The firm, however, strongly denied that figure, adding that “the vast majority of the most profitable business remains with the firm.” Still, Boies Schiller has lost 11% of its total head count and 24% of its partnership in the last six months, and there are more departures on the horizon, though the firm says those will be the result of an ongoing restructuring. Stay tuned.
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