SF law firm Heller Ehrmann shutting down

September 26, 2008 2:21:00 PM PDT
San Francisco law firm Heller Ehrmann is shutting down after more than 116 years.

The firm's chairman broke the news to the 500 employees on Thursday.

Until recently, Heller Ehrman was considered one of the most solid and successful firms in the country. However, a drop in revenue and a defection of key partners to other firms has now caused things to unravel.

Reports say the end essentially came when a merger attempt with a Chicago firm failed in recent weeks.