Posted Mar 11, 2011 01:20 pm CST
Wong Fleming will maintain its minority-owned status by breaking away from the troubled Yoss law firm less than a year after the two firms had merged.
Wong Fleming will be the nation’s largest women-owned law firm and the third-largest minority-owned firm, its CEO, Linda Wong, told the New Jersey Law Journal. The 45-lawyer-firm will have offices in 13 states and the District of Columbia.
Wong Fleming managing partner Daniel Fleming explained the reason for the move: The firm once known as Adorno & Yoss might have lost its designation as a minority-owned firm after the suspension of founding partner Henry “Hank” Adorno. “We need a national platform and we need one that promotes diversity,” Fleming told the New Jersey Law Journal.
The Yoss firm has been struggling since Adorno was suspended for his handling of a class action and a lawyer trying to collect a $1.5 million judgment against the firm garnished its bank accounts. The head of the Yoss firm’s Palm Beach office said last week he left because he wasn’t getting paid and rent payments there were in arrears.
ABAJournal.com: “Another Senior Partner Is Poised to Exit Struggling Yoss Firm”
ABAJournal.com: “Former Head of ‘Closed’ Yoss Office: ‘I Left Because I Wasn’t Getting Paid’ “
ABAJournal.com: “Report: Yoss Firm Is Struggling After Admittedly ‘Terrible’ January, Has Laid Off Some Lawyers”
ABAJournal.com: “ ‘Spectacular Fall’ for Name Partner Adorno, Now Facing Suspension for Class Action Settlement Role”