After 118 years, it is reportedly the end of the line for law firm Heller Ehrman, as the firm will dissolve in a partnership vote today, according to The Recorder. Legal Week reports that the firm held an “all hands” video-conference yesterday during which chairman Matthew Larrabee said that dissolution was unavoidable. Employees were reportedly told they would be paid for 60 days, with a small group of staff to be retained after that.
The magnificently-named blog “Heller Highwater,” a “support site for the professional support staff of a global law firm in turmoil,” has a lot of good inside information on what is going on at Heller now.
As discussed here, The Recorder previously reported that Heller’s securities litigation group is among the practice groups drawing a lot of interest from firms including Ropes & Gray and King & Spalding.
