Phila.-Based Post & Schell Loses 14 Lawyers, Adds Practice With Two Hires
Fires said he thinks Weber Gallagher will allow Potako and Harrison's practice to thrive nationally and will also provide their clients with other services they may need.
"We've always worked very well at cross-marketing with each other and I think they wanted to be a part of that," Fires said.
While Potako said he felt Post & Schell was de-emphasizing workers' compensation defense, Peters said the firm will continue to have a statewide workers' compensation practice but is re-evaluating which offices that work will be done out of.
"We're constantly assessing which product markets and which geographic markets we want to stay in, get into, build upon or get out of," Peters said. "Any business worth its salt does the same."
Still, it's no secret Post & Schell has been branching out into new practice areas recently and particularly in the last year.
As evidence of this, Post & Schell announced Monday that it had hired two new principals, Stephen C. Jones and Paul R. McIntyre, both previously shareholders at Greenberg Traurig in Philadelphia, to co-chair its new environmental practice group.
Peters said the firm was particularly interested in Jones and McIntyre because they have a "niche practice," about 80 to 85 percent of which is devoted to environmental insurance transactional, due diligence and regulatory work for venture capital and private equity firms.
The remainder of their practice, Peters said, focuses on regulatory compliance work for health care, energy and other heavily regulated industries—the type of work former Post & Schell principal Terry Bossert used to do for the firm before going in-house with Chief Oil & Gas in 2010.
"Since that time, we have not had a sophisticated environmental regulatory practice, which is something our energy, health law and commercial construction clients need," Peters said.
Jones said he and McIntyre were interested in joining Post & Schell because they felt the firm offered them a better opportunity to control their rates as well as the scope of their practice.