Beleaguered Ruden McClosky has closed and shrunk offices around the state and imposed a 9 percent holdback on partners in moves its management says are necessary to rightsize the faltering firm.
In an email sent to all employees and obtained by the Daily Business Review, Ruden co-managing director Michael Krul noted the firm has closed its Boca Raton, Orlando and Miami offices after negotiating with its landlords. The Fort Lauderdale-based firm also has downsized in Tampa and is considering moving or contracting in West Palm Beach.
