When Legal Week Global‘s website exclusively broke the news that partners at Chicago stalwart Altheimer & Gray had decided to dissolve the firm, it took the legal world by surprise, not least many of the firm’s own partners. Profitability may have been suffering, with several partners jumping ship against a background of strategic wrangles, but the firm hardly seemed a basket case.
Lawyers across the world will be particularly shocked that a firm the size of Altheimers – it had 300 lawyers – gave up the ghost
so easily.
