Howrey boss: shedding 60 partners is all part of a cunning plan

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  • RR should play more poker.. One should bluff much better than that for anyone to believe.

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  • I think the true number of partner departures in 2010 is in the mid-70s. It will be interesting to see whether January brings a new wave of departures, since January is the best time for an individual partner to minimize the firm's economic penalty on departing partners. If so, another wave of associate and staff cuts might not be far behind.

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  • Ruyak is losing it.
    1. He says that Howrey "needed to downsize" given advances in e-discovery ... by shedding the co-chair of the litigation department?
    2. Howrey "pay[s] associates too much" ... yet Howrey pays associates less than its ostensible peer firms who are doing better?
    3. The firm is considering merging with another law firm in the US, and that firm will likely have European offices ... such European offices being what Ruyak cites as a major cause of Howrey's death spiral?
    4. Folks are supposed to take comfort in Howrey taking a "one year covenant" with its banks? Isn't that actually a cause for ALARM?!
    Get out of Howrey immediately, folks. The clock's a tickin', and I don't think Howrey will make it to 2012.

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  • I am so glad I got out of there last April. Anyone who thinks losing key practices and partners is strategic is delusional in my opinion. And blaming it on conflicts makes about as much sense to me as blaming dinosaurs for global warming.

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  • What an embarrassment. Ruyak is desperate for a merger, but howrey is on the verge of collapse. There is nothing strategic about any of this. These practices aren't being "spun off", they are leaving because howrey is finished.

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  • Apparently cancelling this year's holiday party and replacing it with an in-office breakfast was part of the "master plan" as well. Bacon and eggs, anyone?

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  • Howrey Haiku

    The Law of Karma
    What goes around comes around
    Disfunctional firm

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  • howreydoin.wordpress.com.

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  • I am glad I decided to leave the firm in early 2009. Signs of decline were clearly visible. In my opinion, the cause is not conflicts. Conflicts have been around for as long as law firms have been around, and others have managed to be successful with it.
    The real cause is the inability to accept that European partners work and "tick" different from US partners. Applying the "what works in DC must work everywhere" approach clearly does not work. Listening to European partners has never been Ruyak´s strong suit. And referrals to, and integration of, European partners into the firm - total failure. That actually makes it pretty easy for people to leave and take their business with them.
    If 2010 was even worse than 2009, the firm will really face tough times.

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  • I love that there are former colleagues who feel compelled to make it clear to us all that they left VOLUNTARILY, they weren't forced to leave. OK buddy!

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