Partners Who Left Jenkens Forfeited Capital Contributions

Beginning in 2004, partners at Jenkens & Gilchrist who left the firm also left behind their capital contributions due to the firm's "contingent liabilities." Those attorneys may never see a penny of it, or they may recoup some of it, depending on what's left over after the firm covers its financial obligations since its closing last month. Roger Hayse, a former executive at Jenkens who returned to take the job of president as it liquidates, says "job one" is making sure all of the firm's creditors are paid.

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