A founding member of the large Montreal law firm Heenan-Blaikie blames rivalries and conflicts between offices for the decision to close it.
Roy Heenan is quoted as saying the conflicts were especially fierce between the firm’s Toronto and Montreal offices.
The powerful firm decided Wednesday evening to close the firm, which was founded in 1973.
Reports suggest the firm was facing financial difficulty amid claims per partner income recently plummetted as much as 15 per cent leading to the departures of seniors partners.
The firm has had eight offices across the country.
Heenan Blaikie employed 500 lawyers at its peak.
The firm says it will conduct an "orderly wind-up" in order to keep serving clients without interrupting or disrupting service.
Heenan Blaikie's roster of lawyers over the years have included former prime ministers Jean Chretien and Pierre Trudeau.
It also employed Michel Bastarache, a former Supreme Court justice.