Laid-Off Lawyers Struggle in Establishing Their Own Firm
This winter, Scott Jaffe, Paul Roberts and Ross Schiller had an idea that could only have come out of the recession: a law firm staffed by laid-off lawyers. The trio planned to open a boutique firm in Manhattan that specialized in finance, commercial law and bankruptcies. They bought computers, distributed marketing materials and signed up a few clients. But by July, Jaffe, Roberts & Schiller was dead. Schiller was out, and Jaffe and Roberts were cutting a deal to combine with another start-up firm.
