Locke Lord Bissell & Liddell, of Dallas and Chicago, has extended offers to the bulk of the partnership at New York intellectual property boutique Morgan & Finnegan.
Seven Morgan & Finnegan lawyers will join as equity partners, and another six will join as income partners. Together, the group expects to bill $28 million in 2009.
Senior partner John Sweeney will earn $1.6 million, and become deputy managing partner for the New York office. Senior partner James Gould will become co-head of intellectual property, earning $1 million.
The departures likely spell the end for the Morgan & Finnegan, founded in 1896. The firm employs 27 associates and 11 of counsel.
Morgan & Finnegan has been shedding partners for years. It had 31 partners in 2007, but today lists only 17.
Posted by Erik Even
on January 26, 2009. Filed under Home,Law Firm News,Legal News.
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