No more Steel Hector?

Steel Hector & Davis has always been known as a huge Southern District powerhouse. But it looks like it won't be around for long. According to today's Business Review, Steel "is close to finalizing a deal to merge with Cleveland-based Squire Sanders & Dempsey." According to the article, Steel is going to be "gobbled up" because it has "suffered financial setbacks recently and has been plagued by partner defections amid much speculation about its ability to stay afloat."