The month in a minute

Author: | Published: 1 Feb 2005

Americas

One of Boston's most prominent venture capital law firms, Testa Hurwitz & Thibeault, will shut down following a vote by its partnership in mid-January. The firm pointed to the departure of 10 partners in early December and its subsequent failure to secure a merger, despite holding talks with various firms, as the reasons behind the decision to dissolve the remaining partnership. "A law firm such as ours, although prominent, profitable and filled with talented lawyers is - like any professional services organization - knit of a fabric that, if stretched too thin, can unravel," said managing partner George Davitt. A player in the Boston legal market for 30 years, Testa Hurwitz has been well known for its work in venture capital and private equity, including a fund formation practice.

Clifford Chance's New York office began 2005 with two new arrivals. Litigation partner Joel Cohen started work with the UK firm in January, moving...