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Arter & Hadden
Arter & Hadden LLP was a Cleveland, Ohio-based law firm that traced its founding to 1843 and ceased operations on July 15, 2003.〔(Encyclopedia of Cleveland History:ARTER & HADDEN )〕〔(Law.com - Arter & Hadden Staff Told Closure Is Imminent )〕 When the firm closed, it was one of the oldest continuing operating law firms in the country.〔(Bankruptcy judge approves Arter & Hadden settlement - Cleveland Business News – The Latest Breaking News, Earnings Reports and Stories from The Plain Dealer )〕 The firm had engaged in an ambitious expansion throughout the 1990s, peaking in 1999 with a total of 425 attorneys employed by the firm. Additionally, Arter and Hadden had opened offices in Columbus, Ohio, Dayton, Ohio, Washington, DC, Dallas, Texas, Los Angeles, California, Irvine, California and through acquisitions and mergers opened offices in San Francisco and San Diego, California.〔
==Financial woes==
By the year 2000, the firm had begun to lose senior partners. In Arter & Hadden's DC office, for instance, the number of attorneys on staff had steadily declined from 87 in 1998 down to only 15 attorneys in 2003. And with the sharp declines in staff, Arter and Hadden was still locked into leasing enough office space to accommodate the 425 attorneys the firm once had in 1999.〔 Overhead costs began to soak up the firm's liquidity, and by the beginning of July 2003, it was revealed to the press that Arter and Hadden only had enough capital left to continue operations until July 15, 2003.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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