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After several years of losing partners and big-ticket litigation work to general practice firms, Los Angeles-based Lyon & Lyon announced Thursday that it is closing its doors at the end of the month. The final blow for the 90-attorney IP firm was the collapse of merger negotiations with Townsend and Townsend and Crew. Townsend Chairman James Gilliland Jr. said the biggest stumbling block was Lyon's "very significant lease obligation."
August 09, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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