When a piece of an iceberg breaks off, it’s doesn’t mean sea levels will rise around the world. But if a polar cap starts to fracture, scientists will certainly take measurements.

Sedgwick LLP, which has lost 40 lawyers in the past two weeks, is somewhere in between. It started with two groups of partners splitting off and then another 25 attorneys breaking away.

It marks the most recent – and maybe the biggest – fracture at the firm, which lost more than 10 percent of its lawyers each year in recent years. With 343 attorneys in 2014, the firm now says it has 250 lawyers worldwide. Many of the departing lawyers are following an established trend for former BigLaw lawyers: starting litigation boutique firms.

Down 30 Percent

The San Francisco-based firm issued press releases announcing the partners’ leaving, saying the law firm was cooperating in the transition. One group is joining another firm in Texas, and another group is forming a litigation boutique in New Jersey.

“We are well positioned to support our clients and look forward to strategic growth in the year ahead,” he told the New York Law Journal.

It’s common for law firms to lose partners, Bloomberg Law reported, but rare for 15 partners to depart at once in two separate groups. Healy said the two group departures are unrelated, and that Sedgwick is not laying off anybody.

Litigation Boutiques Spin Out of BigLaw

The news at Sedgwick is yet another example of litigation boutiques spinning out from BigLaw. This trend has been happening for a while now – at least since 2010 when Above the Law declared it a “hot new trend” to leave BigLaw and start your own firm.

Have an open position at your law firm? Post the job for free on Indeed, or search local candidate resumes.

Related Resources:

  • 40 Lawyers – Including 15 Partners – Are Leaving This Biglaw Firm (Above the Law)
  • What’s the Most Lucrative Practice Area for a New Solo Lawyer? (FindLaw’s Strategist)
  • Lawyers Plan to Increase Their Marketing Spend in 2017, Survey Shows (FindLaw’s Strategist)

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