Quote:
Originally posted by guest
Actually seeing the new Amlaw 100 chart the numbers where for 2000 and 2001, respectively. The 2002 numbers came out today and J&G dropped from 50 to 63. As those are numbers before a lot of people had left during first half of 2003, and projecting using the size that J&G is likely to be at end of 2003, it is quite likely that this firm will either drop out of top 100 or just barely hold on by a fingernail.
BTW there is still a rumor swirling around that a big book corporate and/or franchise is soon to depart as well.
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Based upon what can be read between the lines in the most recent Texas Lawyer J&G is in much worse shape than thought. It had about IIRC a 10% drop in number of attorneys in 2002 and the drop for first half of 03 must be even greater. The per partner profit went up, but then so did Arter & Haddens' and they are shutting the doors.
The tax matter, the chairs actions at summer associate functions, a rumored sex harassment lawsuit, and a possible additional ethics / malpractice case by one group in the firm against another group within the firm as well as continued rumors of various groups or people leaving. I would not bet the ranch on this place making it too far into 2004.
