How Blank Rome Went From Representing Insurers to Suing Them
When the remains of Dickstein Shapiro went shopping for a new home in early 2016, most potential suitors saw the firm’s insurance recovery practice as a conflict-ridden complication—a deal breaker. For Blank Rome, it was an opportunity, albeit one that forced some tough decisions.
By February 2016, Philadelphia-based Blank Rome decided to make the deal, adding the insurance practice and about 80 other lawyers from Dickstein Shapiro. Two-and-a-half years later, the practice has grown through some key lateral hires, and has successfully cross-sold to dozens of legacy Blank Rome clients. But that meant cutting ties with at least one major insurer client.
Practice group leader James Murray says he knew from the start that success would require swift rebranding action and a commitment from Blank Rome to keeping insurance company clients off the firm’s roster.
While other large firms have moved out of the insurance recovery space, Blank Rome leadership says it’s there to stay.
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“How Blank Rome Went From Representing Insurers to Suing Them,” by Lizzy McLellan was published in The American Lawyer on July 4, 2018. To view the article online, please click here.
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