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Pennie to Close Doors by End of December
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.
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