Beleaguered Ruden McClosky has closed and shrunk offices around the state and imposed a 9 percent holdback on partners in moves its management says are necessary to rightsize the faltering firm.
In an email sent to all employees and obtained by the Daily Business Review, Ruden co-managing director Michael Krul noted the firm has closed its Boca Raton, Orlando and Miami offices after negotiating with its landlords. The Fort Lauderdale-based firm also has downsized in Tampa and is considering moving or contracting in West Palm Beach.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
