Rick Klau is following the news of the winding up of Brobeck, Phleger & Harrison [at 12:20MST, I couldn't get through to their website].
Brobeck kept a small, twelve-lawyer (according to Martindale-Hubbell) office about two miles from where I'm sitting right now. I guess the pool of job hunters here just increased by twelve. I imagine most of them will find jobs rather quickly, though not at the salaries they probably made before.
This sort of thing is a common result of economic change when a law firm serves one client or one economic class of clients, for example, young companies in high-technology markets. This is just happening on a really big scale. (Not that I should speak as an expert here -- I'm new to the business, but this is what people tell me.)
Leave a comment