Legal News

The Fish Ain?t Sizzling in Texas; IP Firm To Close Austin Office

By Ashby Jones

The unfortunate news continues for IP boutique Fish & Richardson. Last week, news broke that the, the firm, which has already suffered significant salary rollbacks and associate cuts, could soon shut down its corporate practice. Now comes word that the firm plans to shutter its local Austin office at the end of the year. Click here for the story, from the Dallas Business Journal.

Fish, which opened its Austin office in 2005, currently has 28 attorneys and a total staff of approximately 68 locally. In a prepared statement regarding the closure, the firm said it “continues to make strategic decisions to invest the firm’s resources in ways that build on our fundamental strengths and core competencies.”

“This was a difficult decision to make but one that is best for the future of the firm,” the statement said. “We will assist those who are affected with a severance program. Throughout these turbulent times, the firm’s enduring commitment to our clients remains paramount.”

The firm still has more than 450 attorneys and technology specialists in 11 offices in the United States.

Full post as published by Law Blog - WSJ.com on August 31, 2009 (boomark / email).