Sedgwick’s bankruptcy has underscored some of the collateral consequences of a law firm’s dissolution, especially for general counsel who suddenly have to deal with their outside legal team being scattered to the four winds.  

“It’s in the best case somewhat disruptive and in the worst case extraordinarily disruptive to the lawyers and their clients,” said Roger Hayse, a Dallas-based consultant at Hayse LLC. Law firms turn to Hayse and his firm when they’re facing a difficult transition, such as dissolution, which has been happening a lot in recent years.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]