Asbestos has long been a moneymaker at Swidler Berlin. But the firm's prized practice isn't worth enough to merger partner Bingham McCutchen, which has pushed Swidler's 10-lawyer bankruptcy group out of the planned union. The reason: More than a third of the bankruptcy practice involves representing companies on asbestos claims, and that conflicts with Bingham's work for insurance companies in asbestos cases. But the Swidler group has found a soft landing at Orrick, Herrington & Sutcliffe.
February 08, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Asbestos has long been a moneymaker at Swidler Berlin. But the firm’s prized practice isn’t worth enough to its merger partner Bingham McCutchen, which has pushed Swidler’s 10-lawyer bankruptcy group out of the planned union.
The reason: More than a third of the bankruptcy practice involves representing companies on asbestos claims, which conflicts with Bingham’s work for insurance companies in asbestos cases.
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