When a large practice group leaves a local law firm, they're often either establishing a boutique firm or paving entry for a large out-of-town firm. But three of the area's biggest recent departures, reflecting more recent trends, were flights to other Pittsburgh firms.
Bonds were part of the story for investing in 2010, but the consistent theme among local money managers was fine-tuning rather than drastic changes to produce impressive results.
Law firm Cohen & Grigsby has launched a public affairs practice that will be headed by Clifford Levine, a director at the firm with deep government and political connections.