The question of who owns the unfinished business after Howrey LLP’s insolvency rests with the D.C. Court of Appeals, which will hear a bankruptcy trustee’s arguments Dec. 17 that the former law firm’s estate should get a cut of that work.
Eight law firms are fighting the estate’s push to claw back millions in business that lawyers took with them after Howrey failed in 2011. The estate argues it owns the proceeds from business left over from from its demise.
In a world of mergers and lateral hires where firms and partners can come and go, the legal field is ...