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Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
By Jessica Seah | October 13, 2022
None of the closures has been made public but they have caused ripples in local market as they represent a severe blow to the firms' ambitions in the region.
6 minute read
By Varsha Patel | December 17, 2020
A spat which could've seen Kennedys lose its brand name in Spain has now been resolved, with its Spanish affiliate expected to rebrand very shortly.
1 minute read
By Varsha Patel | November 26, 2020
Kennedys parted ways with its Spanish entity - Kennedys Abogados - in March 2020, but a recent court ruling has allowed the Spanish outfit to keep its name.
1 minute read
By Simon Lock | September 9, 2020
Partners at legacy Ince & Co France have issued summons against the firm's administrators alleging they were misled.
1 minute read
By Paul Hodkinson | May 4, 2020
An analysis has laid bare the precarious cash position at many firms following an auditor report on the UK's top 50 law firm accounts.
1 minute read
By Christopher Niesche | April 23, 2020
More stringent government regulations tightening rules for foreign acquisitions are adding to the difficulty of doing deals in the current COVID-19 environment.
1 minute read
By Louis Young | April 3, 2020
Some ways of improving a law firm's financial situation are tried and tested, others are more novel.
1 minute read
By Krishnan Nair | March 16, 2020
The pair behind the KWM and Ince administrations explain why law firms need to modernise faster in uncertain times.
1 minute read
By Lizzy McLellan | Gina Passarella Cipriani | October 29, 2019
Three decades of data reveal common threads from Finley Kumble to LeClairRyan. What can we learn from the history of law firm failures?
1 minute read
By Lizzy McLellan | August 25, 2019
LeClairRyan's collapse was years in the making. Sources say the firm overpaid some lawyers, created guaranteed contracts, let overhead expenses grow and made other questionable strategic decisions.
1 minute read
By Amanda O'Brien | November 21, 2023
Ward Greenberg will cease operations at the end of 2023. Hodgson Russ will add 10 litigators and assume the firm's Rochester lease, while Freeman Mathis Gary will take the other nine litigators and leases in Philadelphia, South Jersey and Delaware.
5 minute read
By Patrick Smith | November 9, 2023
"Partners were not coming into the office much over the summer, and when they did, they didn't want to deal with questions," one former staffer said.
7 minute read
By Justin Henry | November 2, 2023
After Stroock's plan A of merging with another firm fell through, their plan B of dissolving the firm and relocating a portion of the firm is playing out.
6 minute read
By Patrick Smith | November 2, 2023
"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
8 minute read
By Amanda O'Brien | November 1, 2023
Stroock & Stroock & Lavan missed its window of opportunity to find a merger partner, and now the firm is shutting down. Could leaders have done anything to secure greater support for their plans?
5 minute read
By Patrick Smith | October 31, 2023
Whether the firm lands in bankruptcy is unknown at this point, sources said, as Stroock will be dealing with both preferred and non-preferred creditors. Its full liabilities are unclear at this point.
3 minute read
By Justin Henry | Patrick Smith | October 27, 2023
The partner moves from Stroock amount to more than half of its partnership, creating an even more bleak future for the New York law firm that was founded nearly 150 years ago.
5 minute read
By Amanda O'Brien | October 27, 2023
The defunct firm has reached an interim, confidential settlement with plaintiffs Herbert Vederman, Samuel Sidewater and Steven Sidewater, and the parties hope to finalize the resolution in 2024.
2 minute read
By Dan Packel | October 26, 2023
The resolution grants Foley & Lardner $2.2 million in fees that have already been approved. But the firm had sought another $4.1 million.
4 minute read
By Dan Roe | October 23, 2023
The high-profile bankruptcy of Dewey & LeBoeuf didn't hamper the careers of former partners and associates in the long run, new research shows.
4 minute read
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Celebrating achievement, excellence, and innovation in the legal profession in the UK.
The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.
Health Law Associate CT Shipman is seeking an associate to join our national longstanding health law practice. Candidates must have t...
Shipman & Goodwin LLP is seeking two associates to expand our national commercial real estate lending practice. Candidates should have ...
Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
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