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CHICAGO � Neal Wolf, once the chair of the bankruptcy group at LeBoeuf, Lamb, Greene & MacRae, has left the newly merged Dewey & LeBoeuf Chicago office to join Katten Muchin Rosenman in the same city. Wolf, 58, said in an interview that he made the jump partly because being in the main office of the new firm offered a broader range of clients, some of whom he already shared with Katten. Some of those clients include LaSalle Bank, recently acquired by Bank of America, and HA-LO Industries Inc. He also noted that the move allowed him to lower his rates to a level that is more palatable to his Chicago clients compared to the rates at Dewey & LeBoeuf that are more geared to the New York market. “We were operating on a New York pay scale there that was at times, frankly, somewhat difficult to sell,” Wolf said. His hourly rate dropped to $725 at the new firm, from $800 at Dewey & LeBoeuf. Recent leadership changes at Dewey & LeBoeuf also contributed to Wolf’s move, he said. Bankruptcy attorney Martin Bienenstock joined Dewey & LeBoeuf in New York from Weil, Gotshal & Manges in November and became the lead partner for the business solutions and governance group and a member of the firm’s executive committee. In the past three to six months, Wolf has started to see an upswing in bankruptcy and restructuring related work, he said. “I’ve gotten the kind of calls that I’ve been waiting for for a couple of years,” he said.

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