According to an e-mail, from managing partner George Yoss, “We are sure you are aware, these have been extremely difficult times for the firm. After meeting with the bank and evaluating the firm’s status and financial position, the decision was made to wind down its operation.”
The announcement comes not long after a former founder and name partner Henry Adorno had his law license suspended due to allegations that he had mishandled a settlement.
After Adorno’s suspension, the firm dropped his name from their title, but the firm has been hit with partner departures and layoffs ever since. Since then, they’ve lost nearly 75 lawyers.