Fish & Neave. Lyon & Lyon. Pennie & Edmonds. Morgan & Finnegan? Years ago, Morgan & Finnegan was the kind of firm that New York intellectual property (IP) lawyers were proud to call home. It had history, which could be traced back to 1893, and current hits, including multimillion-dollar verdicts for clients such as Procter & Gamble and Stryker Corp.
But the recent story of Morgan is less glowing. Its partner headcount has dropped from 31 last year to 21 now. Overall headcount is down 24% in its flagship New York office and San Francisco and Washington DC branches.
