Firm leaders at Pepper Hamilton blamed double-digit declines in revenue and profits last year on a temporary drop in demand in the firm’s health effects practice, and said the financial trend lines are skewed by a particularly strong 2015.
But sources with knowledge of the firm said changes in the health effects litigation practice and a number of lawyer defections had eroded the firm’s performance. Combined with the firm’s failed merger talks with Reed Smith, they said, the situation is driving additional lawyers to leave the firm.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
