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New York�Intellectual property boutique Pennie & Edmonds will ring in the new year by closing its doors and firing some of its lawyers and staff. Ahead of a likely announcement of a deal for many�but not all�Pennie & Edmonds lawyers to join the New York office of Jones Day, Pennie & Edmonds’ management informed associates and staff members last Monday that the 190-lawyer firm will cease practicing law and will wind up its affairs by Dec. 31. Pennie & Edmonds, founded in 1883, will soon become one of the largest and most prominent New York law firms to have closed its doors outside of a full-fledged merger with another firm. “While this was an extremely difficult decision for the partners of this Firm to make, it is an even more difficult announcement to make to you,” Ed Henry, Pennie & Edmonds’ executive director, wrote in a memo obtained by the New York Law Journal, a sister publication of the NLJ. “We especially regret that the timing coincides with the holiday season.” No offers coming The memo stated that the firm was in discussions with Jones Day and that offers to join that firm’s New York office would likely be extended shortly to many Pennie & Edmonds employees. But the memo was also clear that a still-unknown number of employees would not be receiving offers to join Jones Day. “If you do not receive an offer from Jones Day,” the memo went on, “we regret to inform you that your employment with Pennie & Edmonds will cease effective December 31, 2003.” Among those not receiving offers to join Jones Day will be members of the firm’s accounting department, though the memo stated that several responsible for billing and collections will be retained for a period of months.

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