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LeClairRyan offices. Photo: Rick Kopstein/ALM LeClairRyan offices. Photo: Rick Kopstein/ALM

LeClairRyan considered a number of options in recent months as its financial troubles mounted, including the creation of a new law firm, according to sources with knowledge of the firm.

Some lawyers received offers to join the new firm, which would have been called Novellus, a source with knowledge of the plans confirmed. The source said leaders of the effort had started the process of registering the name.

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Lizzy McLellan

Lizzy McLellan is a senior editor on ALM's business of law desk. Contact her at [email protected] On Twitter: @LizzyMcLell

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