If 2010 was the year of the clean-up, 2011 served as a stage-setter for new possibilities. Distressed law firms fell into the arms of suitors, investors bearing new money scooped up flagging properties, and a casino giant arrived from the other side of the world to deliver on a promise of a pot of gold — if only the politicians would opt for a little policy change.
Two venerable law firms — Adorno & Yoss and Ruden McClosky — faded from the landscape. Out-of-town firms with great expectations planted flags in South Florida, hoping to snatch a piece of the Latin American action. Others set up foreclosure operations to pick up the pieces scattered by David Stern, Marc Ben-Ezra and others.
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