Attorneys scrambled behind the scenes in the wake of Friday's announcement that McDonough Holland & Allen,
Firm leaders have not spoken publicly about the closure other than to issue a three-paragraph statement saying that a "variety of reasons," including attorney departures, had led to a decision to "wind down ... operations" with a Labor Day target date.
The 80-attorney firm, with a branch office in
"Going forward, individual and small group announcements will be made as transition plans are finalized," the statement read.
Industry observers said Monday that the
Sources were also eyeing the
"Obviously, to bring them all in and integrate them with [Stoel Rives], the numbers didn't work out," said Tom Chase, a
McDonough Holland maintains a large public law practice; its attorneys represent dozens of municipalities, including numerous redevelopment agencies. That group could be enticing to other firms, Chase said.
Donald Oppenheim, chief operating officer of Meyers Nave Riback Silver & Wilson, said his Oakland, Calif.-based firm, with its emphasis on public law practice, is "always" in the market for talented attorneys, but he declined to say if conversations had taken place with McDonough Holland partners.
Much of the debate on the reasons behind McDonough Holland's demise has focused on the March departure of the firm's 10-person health care group to DLA Piper. For years, McDonough Holland had been tied to regional health care groups and hospitals, including
"That was a huge hit for the firm," said Chase. "They were a very, very profitable group."
The group's leader, Stephen Goff, said Monday that he did not know about the firm's impending closure until after Friday's announcement and added that he had not spoken with anyone at the firm. He declined further comment.
Goff's departure followed the firm's May 2009 move to high-end office space on three floors of a newly constructed downtown
"That put a lot of pressure on the partners who were still at the firm," said Chase.