Dissolving Practice: The Unfinished Business Doctrine
By Thomas RutledgeApril 6, 2018, 4:18 PM EDT
Law360 (April 6, 2018, 4:18 PM EDT) -- While news of the demise of Sedgwick LLP shocked the legal industry last November, its dissolution appears to have been swift. Others, such as the 2008 bankruptcy of Heller Ehrman LLP, have dragged on for years. In this series, experts discuss the unique aspects of closing a law firm, and how to help a troubled firm.
Thomas Rutledge Oh, how the mighty have fallen. Since 2008, firms with nationwide footprints, including Heller Ehrman, Thelen, Howrey and Thacher Proffitt & Wood, have fallen by the wayside. Of course,...