Dallas-based Gruber Hail Johansen Shank is shuttering its doors—a move prompted by the state’s hyperactive lateral market and the subsequent decision by many of its lawyers to depart for other firms.

Mark Johansen

“Gruber Hail Johansen Shank has made a decision to unwind the firm,” partner Mark Johansen said in a statement on Tuesday. “We had a lot of success and a great run but given the current market for lateral partners with the national firms and regional, full-service firms, the equity partners decided it was an opportune time to explore other options.”

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