Fisch said in an interview, “We feel there’s an opportunity to be more nimble and provide a wider variety of fee structures to our existing and future client base.”
Of course, being ‘nimble’ is the key to survival for both experts and clients, as it brings down bloated fee structures and unnecessary establishment costs benefitting both lawyers and clients.
However, departures have been going on at Kaye Scholer for some time. About four months ago, a group of five partners led by IP practice co-chair Leora Ben-Ami had left Kaye Scholer to join Kirkland & Ellis – though the reasons for departure of that group may not have been the same as that of Fisch. Fisch’s departure would leave Kaye Scholer with 51 IP attorneys including 22 partners.
Michael Solow, the managing partner of Kay Scholer said in a statement that Fisch had “always dreamed of one day running his own IP boutique firm – and he feels now is the right time to make that dream happen.”
The new firm would be opening on Oct 15 with eight lawyers with Kaye Scholer partner Jason Hoffman and senior associate Bill Sigler joining Fisch as co-founders.
Fisch, who joined Kaye Scholer in 2006 from Howrey is known to have a portfolio that included client companies like Barnes & Noble and Costco.