A former corporate partner in the New York office of Edwards Angell Palmer & Dodge hired in the months before the credit crisis hit is suing the firm after it fired him for failing to meet revenue expectations. Stephen R. Connoni acknowledges that he had not generated the $1.9 million in business projected in his agreement with the firm but argues Edwards Angell should have adjusted its expectations, given the economic meltdown. He claims he also was hampered by late-paying clients and a lack of firm support.
Partner Fired for Not Meeting Billing Targets Sues Law Firm
New York Law Journal
July 22, 2009