The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
No terms of the settlement have been released, but Holleb & Coff is understood to have held onto some key clients. Last autumn, Holleb & Coff managing partner, Allen Lev reportedly accused Duane Morris, its chairman Sheldon Bonovitz and the departing partners of orchestrating a calculated plot to destabilise and destroy his firm.
Holleb & Coff took the matter to court in September, claiming the 11 partners had breached their fiduciary duty and partaken in a premeditated defection designed to hurt the Chicago firm professionally and financially.
The suit also alleged that the former partners tried to poach other Holleb & Coff lawyers, copied files from the firm's computer, pinched property such as books and encouraged clients not to pay their bills.
Holleb & Coff was originally chasing $3 million in damages plus $5 million owed by clients which the partners had failed to collect.