The Firms

February 3, 2011 1:09 PM

Report: Howrey Partners Pressed to Act on Winston Offers

Posted by Ed Shanahan

By Petra Pasternak, The Recorder

The pressure is on for Howrey partners to make up their minds about where to go. In a partnership meeting held Tuesday, Chairman Robert Ruyak and Winston & Strawn managing partner Thomas Fitzgerald encouraged those Howrey partners with offers from Winston to accept them as soon as possible, current and former Howrey lawyers said today.

Winston handed out individual offers to about three-quarters of Howrey's partners over the weekend, asking for a response within three weeks.

"A lot of people will be making up their mind in the next week or so," a former Howrey partner predicted. "A lot of people will go along with the [Winston] program."

One question some legal observers are asking now is how Winston will ensure it gets enough rainmakers along with service partners. "What will they do if only the service partners accept the offers and none of the rainmakers do?" said a California legal recruiter involved in some discussions. "That is my big question — that would impact their profits, it would just be insane."

Ruyak didn't respond to a request for comment.

CLICK HERE to continue reading the full report from The Recorder.

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