San Francisco bankruptcy boutique McNutt & Litteneker has been hit hard by the downturn in bankruptcy business over the past couple years. Around the same time the firm started to lose its lawyers; it shrank from 10 full-time lawyers to only two – the two name partners. Three of the former associates moved to the San Francisco office of Philadelphia-based Schnader Harrison Segal & Lewis. The associates cited various reasons for their departures, from little opportunity for professional development to being underchallenged. Others saw a lack of mentoring as a problem.
Source: www.nylawyer.com
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