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Testa, Hurwitz & Thibeault

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Testa, Hurwitz & Thibeault
Testa, Hurwitz & Thibeault
HeadquartersBoston
No. of attorneys400
Major practice areasGeneral practice
Revenue$450 million (2002)
Date founded1973
Company typeLLP
Dissolved2005[1]
Websitewww.tht.com

Testa, Hurwitz & Thibeault (officially Testa, Hurwitz & Thibeault, LLP[2]) was a Boston-based[3] law firm of approximately 400 attorneys at its peak in 2002 with revenues approaching $450 million. It dissolved in 2005 amid partner departures and the burst of the dot-com bubble.[4]

The firm was founded in 1973[5] and grew into a powerhouse representing venture capital funds and startups that prospered during Boston's technology boom. Its notable clients included Digital Equipment Corporation, JBoss, Inc. and Teradyne, Inc. The firm's flagship practice was its fund formation and private equity group. In December 2004, the fund formation practice decamped to the Boston office of the New York firm Proskauer Rose, heralding the demise of Testa, Hurwitz.[6][7] The firm's partners scattered to a number of firms, including Goodwin Procter[8] and Choate, Hall & Stewart, among others.

While Testa Hurwitz & Thibeault dissolved in 2005, the lawyers who staffed it are anything but. As of 2017, ex-Testa attorneys held some of the most powerful positions in Boston legal circles.[9]

References

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  1. ^ "Mintz Bulks Up High-Growth Corporate Practice With Boston Duo". Yahoo Finance. March 12, 2019.
  2. ^ "TH&T - Firm Profile". www.tht.com. Archived from the original on December 9, 2004.
  3. ^ Baxter, Brian (January 24, 2022). "Dunkin' Legal Chief Trades Donut Gig for Angel Investing". Bloomberg Law.
  4. ^ Carlyn Kolker, 'Inside Testa Hurwitz's Flameout,' The American Lawyer, (2005)
  5. ^ "Prominent Boston law firm votes to disband". Boston.com. January 14, 2005.
  6. ^ The Lawyer 'Downturn in Testa Hurwitz's core areas and lawyer departures spelt firm's end,' (2005)
  7. ^ Staff Writer (March 1, 2005). "Fall of a Giant: Testa, Hurwitz & Thibeault Checks Out -". Venture Capital Journal. Retrieved September 8, 2024.
  8. ^ Goodwin Procter Adds 24 Partners: Partners join from Testa, Hurwitz & Thibeault and McDermott, Will & Emery
  9. ^ www.bizjournals.com https://www.bizjournals.com/boston/news/2017/05/19/a-decade-after-firm-s-demise-the-testa-hurwitz.html. Retrieved September 23, 2024. {{cite web}}: Missing or empty |title= (help)
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