Once a proud member of Washington DC's elite law industry, Howrey LLP implemented quite the strategic plan. Check out this excerpt from Howrey boss: shedding 60 partners is all part of a cunning plan as seen on TheLawyer.com back in January of 2011:
In one of the most dramatic restructurings witnessed at any firm since the recession, over the past year more than 60 partners have left Howrey.
Observers could be forgiven for thinking it shows all the hallmarks of a firm in terminal decline. Yet managing partner Robert Ruyak remains upbeat, insisting it is all part of a plan that will see it emerge stronger than ever.
Isn't a law firm which files for bankruptcy protection under Chapter 11 by definition a "Bankruptcy Law Firm"? Here is a snapshot of their former website for your "The Departed" scrapbook:
|