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| Burt Newsome and family |
Balch & Bingham has been losing talent to the Bradley law firm, a Birmingham-based competitor. With all of the defections, Balch's banking practice appears to be imploding, and Bradley might attempt to buy out the decimated Balch firm, according to a report at the banbalch.com blog, which is led by K.B. Forbes, who is the blog publisher and CEO of its parent organization -- the CDLU public charity and advocacy group. Under the headline "Bradley Buyout of Balch? Balch’s Banking Practice Implodes," Forbes writes:
The hot 🔥 rumor on the street is that the ever growing Bradley law firm may buy out embattled law firm Balch & Bingham.
Bradley swallowed up the majority of Balch’s Houston team this summer, including the Managing Partner of the Houston office, and picked off 17-year legacy partner W. Brad Neighbors.
In a news article posted at the Birmingham Business Journal Website, Bradley welcomed Neighbors to the firm to “enhance our robust banking and financial services offerings to our clients.”
Robust indeed.
Neighbors hardly is alone in hitting the exits at Balch in recent years, Forbes writes:
The stunning move comes after 31-year Balch legacy partner Jesse S. Vogtle, Randolph H. Lanier, Eric T. Ray, and Paul H. Greenwood, all in the banking and financial-services practice, left Balch in 2020.
In 2021, another Balch legacy partner,Jennifer Powell Decker, dumped Balch after 15 years. She was involved in commercial lending and was one of the most senior female partners at Balch.
Over the past three years, Balch’s banking practice has imploded.
The irony is that Clark A. Cooper, a Balch partner who was the alleged mastermind of the Newsome Conspiracy Case, reportedly was trying to steal Burt Newsome’s banking and financial services practice in 2013.
Now a decade later Balch appears to be at the verge of collapse in the banking sector, imploding.
A Bradley buyout of Balch would be a blockbuster story in Alabama's legal-services industry -- and beyond. Meanwhile, Burt Newsome and his solo practice are rocking right along. Writes Forbes:
Cooper was fired in 2017 and is now selling mattresses. He even let his law license lapse.
His father was a founding member of Maynard Cooper, now called Maynard Nexsen. He is Chairman Emeritus.
Maynard Nexsen and Bradley have made millions over Balch’s failures and damaged reputation.
In the meantime, Burt Newsome, like Bradley, continues to stand strong, growing his business month to month, and on financially sound footing.
Who would have thunk? The irony.
7 comments:
I also did some research and Cooper bought Bedzzz Express and has not been reduced to selling mattresses. You are so dishonest!! .The other things you said about Balch and the Judge and everyone else involved in this are so untrue and this has been affirmed by the Alabama Supreme Court. Newsome was also fined well over $200,000 for filing a frivolous lawsuit with interest - this was affirmed unanimously by the Alabama Supreme Court. Newsome was further disciplined by the Alabama State Bar for filing this frivolous lawsuit but you say nothing about this. You are a complete disgraceful hack. No wonder you were arrested pepper sprayed sued for over 3 1/2 million dollars which you lost on anpeal and had to have your house foreclosed on because you defame everyone. Don’t believe anything this guy says because he disparages everyone which landed him in jail and cost him his home
You say "I also did some research . . ., so my readers and I need to know who is "I." If you are making a good-faith effort to shine light on these issues, identify yourself -- full name, home and work address, contact info (phone, email, links to social-media accounts). If you do not respond with this information, we will take that to mean you are not acting in good faith, and anything you write or say is not be taken seriously.
@7:42 -- I notice you failed to provide the identifying information requested above. My best guess is you don't identify yourself because you are, in fact, Clark Cooper. You write that "Cooper bought Bedzzz Express . . .," implying you are a third party. The truth? Looks to me like you know so much about Clark Coooper because you ARE Clark Cooper. In other words, you are engaging in deceit right off the bat -- yet you call me dishonest. Look in the mirror, Bub. I'm pretty sure I've warned you about commenting on this site and using my forum to misstate facts and law about legal cases, trashing others, etc. If I haven't warned you before, you are being warned now. You are dancing in dangerous territory, but your history suggests you were a lousy lawyer, and you seem to be a slow learner. I stated above that I need your ID information to establish that you are acting in good faith. Not surprisingly, you have proven you are acting in bad faith -- and you will be dealt with accordingly. Have a nice day, Clark.
Ha! Ha! Not Cooper BTW. You defamed everyone including the firm of Balch and all defendants, the judge, etc in a Newsom’s frivolous lawsuit. The links I have posted expose everything - just the facts and the true facts are very easy to find doing simple Google searches. Someone else also noted that Cooper bought the company in one of your prior posts and that he was not selling mattresses but I guess that was Cooper too in your messed up world. 🤣
Hi, Clark. Still playing the "I'm not Clark" charade? I'm not into providing space for phony cowards who won't ID themselves. Take your con game somewhere else, Clark.
Clark, what happened to your bar card? Did Balch give you the heave ho? Why? Maybe your poor reading comprehension skills ended your legal career, forcing you into selling mattresses. That's what Bedzzz Express does, right? Since you struggle read, I will tell you again -- get lost, pal.
Clark -- You think I'm going to waste space on my forum by publishing comments from someone who won't even admit he is Clark Cooper? You have zero integrity, so take a hike, Bro!
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