Posted Jan 20, 2011 12:02 am CST
News that intellectual property rainmaker Henry Bunsow is leaving Howrey for Dewey & LeBoeuf could prove to be a significant crack in Howrey’s foundation, reports the Blog of Legal Times.
Although there has been a growing spate of partner defections, Bunsow, who served as Howrey’s vice chairman, was one of its biggest-billing partners, the article says, estimating that he had a $20 million book of business to take with him to Dewey & LeBoeuf.
“Howrey is doing all of the right things, but they should have done them earlier,” Bunsow tells the BLT, explaining why he decided to exit. “I lived through the down times, but I wanted some insurance. … Rather than waiting to see if the good times were around the corner, I wanted to take advantage of them now. I didn’t want to invest more years in the process.”
ABAJournal.com: “New Dewey San Francisco Office is 2nd Announced in 1 Day to Be Headed by Howrey IP Defector”