Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Editorials & Other Articles

FakeNoose

(40,005 posts)

14. The thing about law firms is ... all your assets walk out the door at 5 o'clock

Reply to Eugene (Original post)

Sat Dec 20, 2025, 12:25 PM

Saturday

That's another way of saying, your employees ( i.e. law partners) are the only thing a law firm has to offer. There's not much investment in equipment or inventory like there is for a manufacturing firm or a retail business. If your law partners decide they don't want to continue under the current management, what keeps you in business? That's what Cadwalader is finding out right now.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

22 replies

= new reply since forum marked as read

Highlight:

Cadwalader, Wickersham & Taft: Storied Law Firm Pays Brutal Price for Surrendering to Trump [View all] Eugene Saturday OP

Well, well...so Wall St.'s support is waning...that is encouraging! Keep on goin'! DOWN, down, down.. CTyankee Saturday #1

It really isn't as far as law firms. Henry203 Saturday #10

real story olivia11 Saturday #2

Welcome to DU LetMyPeopleVote Saturday #19

yes indeed Skittles Saturday #21

Maybe the firm should have asked if their attorneys would give their talents away UpInArms Saturday #3

But these guys weren't magats NJCher Saturday #4

The lead partners, if not MAGAts, UpInArms Saturday #6

Am I supposed to feel sorry for a corporate law firm? bluedigger Saturday #5

Make a deal with a rapist Aviation Pro Saturday #7

Interesting development Henry203 Saturday #8

Educate us non-legal eagles KY_EnviroGuy Saturday #15

The vertical Henry203 Saturday #16

Thank you and Happy Holidays! KY_EnviroGuy Saturday #18

If I was their client I'd drop them posthaste pfitz59 Saturday #9

or their country Skittles Saturday #22

Gonna be tough to collect on that $100 million in pro bono work from a defunct law firm. ToxMarz Saturday #11

you can play a number of stall games NJCher Saturday #12

... littlemissmartypants Saturday #13

The thing about law firms is ... all your assets walk out the door at 5 o'clock FakeNoose Saturday #14

No different in any professional service business Henry203 Saturday #17

Firms that gave into trump are paying a justified price for their cowardliness LetMyPeopleVote Saturday #20