Partners to dissolve litigation boutique after 35-year run instead of signing new lease
After 35 years in business, a well-regarded New York City litigation boutique is dissolving as an October 2015 lease renewal looms.
“We’ve been practicing law for 40-plus years, and we were not going to make a commitment for another 10-year lease,” senior partner William Pollard told the New York Law Journal (sub. req.).
However, although he and other senior partners at Kornstein Veisz Wexler & Pollard are in their 60s, they won’t be finished with law practice after the boutique closes.
Pollard, Marvin Wexler and four other lawyers at Kornstein Veisz are joining Duane Morris. Meanwhile, co-founder Daniel Kornstein is joining another litigation firm, Emery Celli Brinckerhoff & Abady, the article reports.
It isn’t clear if all of the lawyers at the nine-attorney boutique have found landing spots. However, senior partners said their split was an amicable one.
The firm, Wexler said, “was a partnership that was governed and held together not by a partnership agreement—we never had one—but instead by friendship, by mutual respect … not greed. Not grab the bucks. Not do it the easy way. Not crack the whip. Not wield the axe. Not sharp elbows. Not public relations and marketing.”
Kornstein Veisz once had about 25 lawyers on its attorney roster, but streamlined over the past decade. In 2010, co-founder Howard Veisz retired.
