Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
By Amanda O'Brien | August 10, 2023
"We have this month now to hopefully have partners transfer [to other firms] with their books of business, hopefully taking staff with them," said Duane Morris partner Les Corwin, who's overseeing the dissolution effort.
3 minute read
By Amanda O'Brien | August 9, 2023
The firm's wind-up committee will be led by current managing partner and executive committee member Theresa Loscalzo, former firm CEO and chairman David Smith, and the firm's general counsel and DEI co-chair Keith Whitson.
2 minute read
By Max Mitchell | Dan Packel | August 7, 2023
"There are some other firms similar to Schnader that are probably worried they could be looking at the same fate," said Brian Levinson, managing partner of the legal recruiting firm Alevistar Legal.
8 minute read
By Max Mitchell | Justin Henry | August 3, 2023
Firm partner and general counsel Keith Whitson said it will be "dissolving and winding up its affairs," but did not give a date for when the nearly 90-year-old firm will close its doors.
5 minute read
By Amanda O'Brien | August 2, 2023
"It's really hard to get law firms to embrace long-term planning because there's a high sense of urgency for the immediate," said Angela Sebastian, the former CEO of Chicago's Levenfeld Pearlstein.
5 minute read
By Amanda O'Brien | July 13, 2023
Attorneys, from junior associates to other firm partners, need to create backup plans well in advance of a rainmaker or founding partner retiring, experts say.
6 minute read
By Dan Roe | May 5, 2023
COVID-era pauses on evictions and moratoriums ultimately brought Chicago's largest consumer bankruptcy firm to court for its own Chapter 11 filing.
3 minute read
By Dan Roe | May 3, 2023
COVID-era pauses on evictions and moratoriums ultimately brought Chicago's largest consumer bankruptcy firm to court for its own Chapter 11 filing.
3 minute read
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 Amanda Bronstad | October 10, 2022
Nearly $15 million in claims against the Girardi Keese bankruptcy estate come from vendors, including Rest Your Case Evidence Storage, which still had four wrecked cars unclaimed by the firm's clients.
5 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
