Pennie & Edmonds
The firm's dissolution came in the wake of boutique IP firms losing ground to general practice firms – and, perhaps more acutely, the loss of key rainmakers. These were mostly patent litigation partners who took their clients to full-service firms (see book of business).
The departure of rainmaker Jonathan A. Marshall did not bode well for the firm. Marshall, a litigator with clients such as Hewlett-Packard, joined Weil Gotshal & Manges in 2002. With the firm's lease up for renewal and its partners unwilling to personally guarantee it, Pennie & Edmonds began exploring the possibility of a merger with other firms. In the end, the firm's partners voted to dissolve the law firm.
Marshall later rejoined another IP boutique firm, Fish & Richardson, which has been rapidly expanding into the General Practice arena.