Shechtman Halperin Savage Sells Default Practices Group to NC Firm

Shechtman Halperin Savage Sells Default Practices Group to NC Firm

Pawtucket-based Shechtman Halperin Savage, LLP announced today that North Carolina based law firm, Brock & Scott, PLLC, will be acquiring its default practice group, which provides foreclosure and default-related legal services to lenders and loan servicers. 

Brock & Scott, PLLC has extensive experience practicing in all aspects creditor’s rights, with offices in Maryland, Virginia, North Carolina, South Carolina, Tennessee, Georgia, Michigan, Ohio, Alabama and Florida.

“We are pleased to announce this positive and exciting change for our firm,” said Preston W. Halperin, Managing Partner at Shechtman Halperin Savage, LLP. “Our default practice group has been highly successful and we are proud of the client services we have provided. That said, we felt that the time was right to enter into an acquisition agreement as we are seeing a trend in consolidation of default practice law firms across the nation.  This transaction gives us the ability to focus our efforts on our areas of recent growth, and continue to provide traditional legal services to our clients in all non-default practice areas, including civil litigation, government services, construction law, commercial real estate development, corporate law, municipal finance, solar and renewable energy, land use and zoning, receiverships, trust and estates, and family law.”

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According to Halperin, “the benefit for us is that we identified a similar culture to our firm in Brock & Scott and we believe the transition for both personnel and clients will be seamless. Additionally, Brock & Scott has agreed to maintain and expand the default practice from our Pawtucket, Rhode Island location. It is important to the partners that we successfully negotiated an agreement that will keep over 70 jobs in Rhode Island.”  Over the upcoming weeks, key members of both firms will be meeting with employees and planning for a transition currently targeted for October 1, 2018.

Brock & Scott, Founding Partner, Tom Brock said, “the acquisition of Shechtman Halperin Savage’s default practice area with its seasoned attorneys and dedicated staff members enables Brock & Scott to expand its service area to 16 states. We are committed to providing our existing clients and many new clients with  the highest level of expert service and quality performance in the area of default law and creditor’s rights.”