A new judicial ruling may limit the mobility of attorneys at struggling firms. The ruling in the case of a now defunct firm in Washington, D.C. says partners who leave a firm before it shutters have a duty to return any profits from unfinished legal work.
This approach could "throw a wrench into how law firms do their hiring," Bankruptcy Partner Barbra Parlin said.
READ: Ruling May Curb Mobility of Lawyers at Struggling Firms (subscription may be required)
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