Akin Gump Strauss Hauer & Feld‘s chairman says that while some recent partner departures have been unexpected, the firm is committed to a restructuring plan aimed at increasing profits and giving its New York office more clout in deciding the firm’s direction.
In an interview with Legal Times on Wednesday, Akin Gump Chairman R. Bruce McLean said the firm has overhauled and shrunk its executive committee and will focus on higher-end practices. That includes: intellectual property litigation and climate change work. At the same time, the firm is cutting back on other practices that are traditionally less profitable, such as patent prosecution and land use work.
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