People thought Thomas Wallerstein might be nuts.

Last summer, as a senior associate, he left Quinn Emanuel Urquhart & Sullivan to start his own two-man shop. With the recession in full bloom, and Big Law associates across the country losing jobs by the hundreds, the response to his plan was unanimous: "Are you crazy? In this economy?!" Wallerstein recalled. "Most people could not understand why I would turn my back on the security, prestige and money associated with big firms."

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]