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March 27, 2009

Wolf-Block goes under - Rainmakers move on, others don’t

Wolf-Block, a 300 lawyer firm in Philadelphia, had survived through good economies and bad ones for more than a century.  But now it has joined Heller Ehrman, Thelen, and Thacher Proffit as the latest casualty of the 2009 downturn.

An ABA Journal article a few days ago explained the background, and ended with this: 

Job-hunting will be difficult for WolfBlock staff members and lawyers who don't have a book of business, observers predict.

But "I would say that for lawyers with solid business generation, they are going to be highly sought after. "For those that don't, they likely will have a hard time, unless they are part of a group," former Duane Morris chairman Sheldon Bonovitz tells the Philadelphia Inquirer.

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