FisherBroyles Exodus Shows Rift Over Virtual Firm Profits, Taxes

Jan. 8, 2024, 10:15 AM UTC

FisherBroyles, the largest law firm with a work-from-anywhere model, is suffering a mass exodus after partners disapproved of how leaders handled expenses and a tax accounting error.

The chairs of FisherBroyles corporate and litigation practices, Michael Pierson and Joel Ferdinand, left the firm late last year to start Pierson Ferdinand. The leaders said they have commitments to hire up to 130 of their former partners at the new firm.

If those hires materialize, they would represent nearly half of the roughly 280 lawyers who work at the firm led by James Fisher and Kevin Broyles. It would be among the ...

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