Winston & Strawn makes offers to three quarters of the Howrey partnership

February 3, 2011 After the Chicago-based Winston & Strawn dropped merger negotiations with Howrey, the firm has moved to raid Howre’s talent-base instead. According to reports, Winston & Strawn made offers to over three-quarters of Howrey partners over the weekend. The other quarter of the Howrey headcount either have conflicts of interest or have made clear they’re looking elsewhere.

These events raise some interesting questions – like what will happen with Howrey’s debt if most of the partners accept these offers, and no formal merger is completed.

Read more at blogs.wsj.com.

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