In another sign of changing times in Canada’s once-staid legal market, Montreal-based Heenan Blaikie broke apart in February. The law firm’s collapse attracted keen interest south of the border, as Am Law 100 firms such as Dentons and Baker & Mc­Kenzie rushed to pick up the pieces. Global giant DLA Piper, which has offices in more than 30 countries but not in Canada, made a run at taking on as many as 70 Heenan lawyers before talks failed.

Although not one of Canada’s elite Seven Sisters law firms, 40-year-old Heenen Blaikie had 500 lawyers and nine offices across Canada (plus one in Paris), and was noted for its strengths in corporate, IP litigation and labor and employment. It counted former Canadian prime ministers Jean Chrétien and Pierre Trudeau among its lawyers. But an exodus of partners over the past year weakened the firm; disputes over compensation and the firm’s leadership as well as a drop-off in transactional work were cited as the main factors that led Heenan Blaikie to officially go bust on Feb. 5.

This content has been archived.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]