Fish & Richardson to Close 28-Attorney Office in Austin, Texas
Following news last week that a 450-attorney law firm known for its intellectual property work will be eliminating its corporate practice group comes additional news that Fish & Richardson will also be closing its office in Austin, Texas, by the end of the year.
“This was a difficult decision to make but one that is best for the future of the firm,” says Fish & Richardson in a written statement reported by the Austin Business Journal. The office, which opened in 2005, will be closed on Dec. 31, 2009, the statement explains, as the firm “continues to make strategic decisions to invest the firm’s resources in ways that build on our fundamental strengths and core competencies.”
Although the article doesn’t expressly state whether all 28 lawyers and approximately 68 staff members working in the Austin office will be let go, some layoffs clearly are expected since the firm promises in the statement to “assist those who are affected with a severance program.”
Hat tip: Above the Law.
Earlier coverage:
ABAJournal.com: “Fish & Richardson to Eliminate Entire Corporate Practice Group”
