From: The American Lawyer, December 15, 2008
Timothy Pohl, one of three co-heads of Skadden Arps’ 100-lawyer corporate restructuring group, announced on Thursday that he will leave the firm next month to become a managing director in the restructuring group at financial services firm Lazard. Skadden Arps ranked first in the Am Law 100 with gross revenues of $2.17 billion and profits per equity partner of $2.28 million. Pohl’s departure is a blow to the firm as it comes at a time when bankruptcy and restructuring work is at a premium.
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