It's sad to see Rider Bennett go the way of Popham Haik, which dissolved in 1997. There is an interesting piece on the Popham Haik implosion that I found with a Google search. The article -- which ran in the Business Journal on June 27, 1997, is entitled: Dissolved firm teaches start ups. The piece delves into the lessons learned from the breakup by the many spin-off firms from the dying oak that was Popham.
With the demise of a quality firm like Rider Bennett, one wonders what future mid-sized general practice law firms have in the scheme of things. Was this unavoidable? What will the lessons learned of the inevitable Rider Bennett spin-offs be? Hopefully the Rider Bennett partners won't get involved in the kind of acrimony that accompanied the dissolution of Doherty Rumble & Butler a few years ago.
In any event, I would like to send out my regards into the blogosphere for the latest mid-sized firm to bite the dust. Whether it is law-firm Darwinism that killed it or something else, it will be missed in the legal community. R&B had a sterling reputation and its untimely demise is unfortunate on many levels.
Good luck to all its lawyers and support staff in securing a new gig. And if you do start a spin-off, make sure to get Minnesota Lawyer subscriptions for all your lawyers! You can click here to subscribe. ;0)
Wednesday, April 11, 2007
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