SCOTT ROTHSTEIN SCANDAL
Other law firms scoop up Scott Rothstein's colleagues
Being a former employee of Scott Rothstein isn't proving to be an obstacle for some of those attorneys who are now looking for jobs.
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By NIRVI SHAH
nshah@MiamiHerald.com
While the tentacles of the $1 billion investment scheme attributed to Fort Lauderdale attorney Scott Rothstein have reached far and wide, some of the firm's attorneys are escaping the effects of any stigma now associated with him.
Just this week, less than a month after the investigation of Rothstein's financial dealings began, five attorneys started new jobs at the small Rice Pugatch Robinson & Schiller firm in Fort Lauderdale. Other firms are also courting Rothstein's employees from Rothstein Rosenfeldt Adler, which had about 70 lawyers.
``There are some firms that have either overtly stated or subtly indicated that they would prefer to not hire Rothstein Rosenfeldt Adler attorneys because they're not sure where any liability, lawsuits or distractions may come from,'' said Abbe Mald Bunt, president of Bunt Legal Search in Hollywood. ``Other firms are maybe seeing this as a great opportunity to get talent that would not normally be available.''
That's the case at his firm, name partner Arthur Rice said. They hired former Rothstein Rosenfeldt Adler lawyers Steven Lippman and Richard Storfer as partners, and Riley Cirulnick, Jodi Cohen and George Zinkler as associates.
``This was a rare opportunity to get experienced lawyers of their caliber,'' he said. ``We're a small firm. We don't have to have a general referendum to make a decision. We talked about it and one of our partners reached out right away.''
His firm specializes in corporate insolvency, land debtor and creditor litigation. The new additions will focus on bankruptcy and commercial litigation.
``Of course we asked questions,'' Rice said. ``We wouldn't have even made the contact if we thought Steve had anything to do with Scott Rothstein's misadventures. It's unfortunate to get the name dragged through the mud.''
Lippman said he and the other new hires worked as a team at their old firm. He said he scarcely had a moment to worry about finding a new job, even as his former workplace was imploding.
``We almost immediately had people reaching out to us wanting to have us come over,'' said Lippman, who was a shareholder at Rothstein Rosenfeldt Adler. Storfer was a partner.
Bunt said one of her clients put hiring the firm's attorneys like this: ``I think the acquiring firms are now looking to see whether this would be strategic or opportunistic. We can bring in a group for a practice we don't have, or hire someone with a better pedigree than we could have had this not happened.''
Attorney Howard Greitzer, who is representing six attorneys from Rothstein's defunct firm, noted that many of the lawyers hadn't been there long and have been practicing law for a long time.
``I don't think that the stigma will follow the lawyers that practice law,'' he said. ``It may affect Stuart Rosenfeldt. It may impact Russell Adler.''
Some have already gone out and formed their own practices, Greitzer said. One is using office space, rent-free, from a friend from law school, as he pulls his business together.
``The community in Broward feels for the lawyers that were part of the firm,'' he said. ``You've had contact with them professionally.''




















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