Loeb & Loeb Lures Morgan Lewis Partner, an Outsourcing Expert, in Latest Expansion Effort
Posted Jan 6, 2010 3:15 PM CST
By Martha Neil
In a move offering yet another example both of a BigLaw attorney shifting to a smaller firm and continuing growth by some lesser-known law firms despite the difficult economy, a partner of Morgan Lewis & Bockius is jumping ship to the New York City office of Loeb & Loeb.
The move by longtime transactional practitioner and outsourcing expert Akiba Stern, which Loeb & Loeb announced today in a press release, follows the almost 300-attorney Los Angeles-based Loeb & Loeb's acquisition last month of an eight-lawyer team from Day Pitney to help open its new Washington, D.C., office.
Loeb & Loeb now has five offices in the United States, according to its website. Morgan Lewis, which is based in Philadelphia, has a total of 22 offices throughout the world and an attorney roster of nearly 1,400.
“It’s a real win for us to get Akiba. His standing and years of experience are hard to find in this area of the law, and he will play a leading role in evolving our growing technology and outsourcing practices,” says Michael Beck, co-chairman of Loeb & Loeb, in today's press release.
ABAJournal.com: "Growing Midsize Firm Pays Big Bucks, Targets 'Core Industries'"
Metropolitan Corporate Counsel: "Having a Good Outsourcing Process and a 'Relationship-Based Contract' Helps to Ensure Success in an Outsourcing Transaction"
Updated on Jan. 7 to link to subsequent ABAJournal.com post.