The three-decade-old Richmond law firm that just a few years ago had nearly 400 attorneys is going out of business in the face of continued mass departures.
A week after its co-founder and namesake left for a downtown rival, more local LeClairRyan attorneys have followed suit.
The 300-acre Summer Lake development in the county’s Moseley area is central to a lawsuit filed last month related to a years-long dispute between former business partners.
On the heels of a continued mass exodus of its attorneys and reports of its uncertain future, Richmond law firm LeClairRyan was hit with yet another blow last week.
In the face of mass defections at the law firm that bears his name, LeClairRyan co-founder Gary LeClair is leaving for a Richmond rival.
As lawyers continue to head for the exits at LeClairRyan, the Richmond law firm’s chief executive sought on Wednesday to dispel some of the rumors about its future that have swirled about this week.
The Richmond law firm has suffered another blow, as another group of its attorneys is leaving for a competitor. The latest departures amount to nearly 10 percent of its remaining lawyers.
“We kind of have ‘lawyers row’ here now,” said Bob Kastenbaum, as his small law firm prepares to construct a new two-story office building across from its current home, which it leases from a competitor.
In the midst of selling off some of his real estate holdings to satisfy a recent bankruptcy settlement, a notorious area landlord jailed since mid-March reached a plea deal last week that requires him to perform community service specific to combatting homelessness.
An embattled local mortgage lender has been dealt another blow, as a group of its largest creditors were successful in their bid to push the company into bankruptcy.