December 10, 2003

Pennie & Edmonds to Close Doors by Year's End

"Intellectual property boutique Pennie & Edmonds will ring in the new year by closing its doors and firing some of its lawyers and staff.

Ahead of a likely announcement of a deal for many -- but not all -- Pennie & Edmonds lawyers to join the New York office of Jones Day, Pennie & Edmonds' management informed associates and staff members Monday that the 190-lawyer firm will cease practicing law and wind up affairs by Dec. 31.

Pennie & Edmonds, founded in 1883, will soon become one of the largest and most prominent New York law firms to have closed its doors outside of a full-fledged merger with another firm."