August 12, 2019

Move Along, Nothing To See Here

Well, that was the corporate line at LeClair Ryan (no relation) until last week.  Now, there is something to see.  Namely a massive crater where the firm's COBRA obligations used to be.

Law360 lays out the nitty gritty here (https://www.law360.com/articles/1186656).

Question to the commune - what makes your firm different from LeClair Ryan (no relation)?  And in what ways is it similar?  Would you know the door was about to hit you in the backside well enough in advance that you could do something about it?

I'm particularly thinking about the dude they lured to start a practice back in May of 2018.  He said that for a year he knew nothing of the financial trouble (that was plastered all over the news for anyone to see).

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