The 2010s have been fraught with challenges for firms. The decade began in the aftermath of the Great Recession, which helped push a few firms to the brink.
But there were plenty of other problems that caused firms to perish in the past ten years, such as mismanagement, over-extension, and over-expansion.
If anything has become certain over the last decade it’s that no law firm is too big to fail. Here are some of the biggest firms to crash and burn:
Howrey. Founded in 1956 in Washington, Howrey specialized in antitrust litigation. At its peak it had $573 million in ...