Three partners, including a top money-maker, are resigning fromthe prestigious law firm of Isham, Lincoln & Beale.
The departure of the three men marks the second time this summerthat a group of lawyers has left Isham, which merged with Reuben &Proctor a little more than a year ago.
Separately, sources said Isham was looking for a new downtownlocation at which all lawyers would reside. Lawyers currently workout of both the Isham and the Reuben & Proctor offices.
The three, all specialists in the company's reinsurancepractice, are Ronald A. Jacks, David Spector and Steven Gilford.Jacks, 52, Spector, 40, and Gilford, 34, plan to practice together,although they did not reveal specific plans. Jacks himselfreportedly brings in at least $2 million in business and isconsidered a major loss for the firm.
William Schopf, a partner in the litigation department who camefrom Reuben & Proctor, left Isham earlier this year with threeassociates to form Schopf & Weiss.
Each of the men said he was leaving for a better opportunity andthere were no hard feelings. "We were presented with a betteropportunity, and we leave with genuine regret," Jacks said. "I havenothing but the highest regards for my friends and colleagues atIsham, Lincoln & Beale."
Paul Hanzlik, a managing partner at Isham, said although thethree men practice in the same area of law, the loss "will not be aproblem for the firm. We have several other attorneys who work inreinsurance. In that respect we are fortunate."
Hanzlik said he did not believe that the departure was relatedto the merger, but he added that "in any merger situation you havepeople who are going to find that the firm has changed. The practiceis not the same. The size of the firm obviously changes. Some mayprefer a certain sized firm."
Reuben & Proctor had about 80 lawyers and Isham had about 120.Gilford had been with Isham since he graduated from law school in1978. Spector spent 15 years there, and Jacks has been there eightyears.
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