Sealed Filing Sheds Light on IP Boutique's Partner Exodus
An inadvertently disclosed file in an otherwise secret dispute between current and former partners of one of the oldest intellectual property boutiques in the country has revealed the lengths to which the firm tried to stop an exodus of partners.
The Am Law Daily got hold of the filing in the dispute involving Morgan & Finnegan because an administrative error reportedly made the filing available for public view and downloading.
The blog notes that the firm has suffered a series of partner defections as larger general practice firms lure away partners to beef up their IP offerings.
The filing cited by Am Law Daily reportedly reveals that Morgan & Finnegan altered its partnership agreement in 2007, just before rainmaker Christopher Hughes left for Cadwalader, Wickersham & Taft. The blog notes that Hughes filed suit against his former firm in October, and it was Morgan & Finnegan’s answer that was mistakenly made public.