BP Law Group Grows While Other Large Firms Go Belly-up
At the time many law firms are facing financial ruin and filing for bankruptcy, BP Law Group, LLP is increasing its staff of attorneys. The commercial law firm recently added 17 people to its impressive legal team.
By: Assura PR
Oct. 2, 2012 - PRLog -- NEWPORT BEACH, Calif. – At the time many law firms are facing financial ruin and filing for bankruptcy, BP Law Group, LLP is increasing its staff of attorneys. The commercial law firm recently added 17 people to its impressive legal team. The firm currently employs a total of 33 primarily in California, Texas and New York.
The latest additions represent high-caliber professionals with a broad range of knowledge and expertise, according to the Firm’s Managing Partner Matthew Browndorf. “We are elated about our new Partners because they make it possible for us to offer even greater capabilities and enhanced value to our clients,” said Browndorf, who is a resident in the Firm’s New York office and also chairs the Firm’s Mergers and Acquisitions Practice Group. “New members of our team will enable us to enhance our future service offerings and to better meet our clients’ needs,” he added.
The lawyers were added primarily to BP Law’s prestigious Park Avenue, New York, Woodland Hills and Newport Beach, California offices and will serve its steadily-increasing client base in the Creditor’s Rights Practice Group. The new hires are part of a larger growth strategy that is unfolding in the Firm’s California operations and includes the acquisition and merger of Ursus Law Group, LLP; Lazo Law, LLP; and Browndorf Legal, LLP. Browndorf jumped on the growth in Creditor’s Rights practice and used it to complement the more sophisticated corporate finance and commercial litigation practice groups within BP Law. Browndorf recalled how a firm from his home town of Philadelphia, PA; Cozen & O’Conner, built a robust international law practice from its insurance subrogation roots. He wants to lead BP Law down the same path using Creditor’s Rights as its foundation.
The successful expansion of BP Law through new hires, mergers and acquisitions is noteworthy, especially considering the significant number of competing law firms that have recently filed for bankruptcy. One high-profile bankruptcy filer is Dewey and LeBoeuf, the famous New York law firm that once advised the Los Angeles Dodgers on their restructuring.
Much of BP Law’s success lies in the sage expertise of its partners’, their high-level thinking and proven operational processes. The company’s effective debt collection legal strategy is also a pivotal factor. While the industry’s success standard for debt collection is 6 to 10 percent, BP Law has helped some of its clients collect a whopping more than 70 percent of unpaid balances on second trust mortgages and other debts!
In addition to operating a successful legal practice, BP Law strives to serve as a good corporate citizen. The Firm recently sponsored the Financial Restoration Conference hosted by leading Christian teaching and talk radio station KKLA (99.5 FM). The free event in Los Angeles, Calif was focused on helping people in financial need.
About BP Law Group
BP Law Group is a full-service commercial law firm that specializes in helping portfolio owners, financial institutions and real estate investors recover unpaid debts. With hubs in California, Texas and New York, the Firm provides a wide range of legal services from offices around the world—including a recent opening lead by Firm Associate Christi Jo-Elkin in London, U.K. The Firm’s geographic diversity, plethora of talents and extensive investments in technology, enable its high-caliber professionals to efficiently cater to clients in the world's leading business and financial markets.
To learn more about the Firm, please contact Matthew Browndorf at (646) 308-1221 or visit http://www.BPLawGroup.com.