News Release

McGlinchey Announces Firm Wind-Down

January 6, 2026

On Monday, January 5, 2026, after assessing several strategic alternatives, McGlinchey’s equity members voted to begin an orderly wind-down of operations.

This decision was based on a combination of market factors and internal circumstances. Outside consultants and counsel have been retained to guide the firm through all wind-down activities, including transitioning client service and supporting employees.

“As we begin McGlinchey’s 52nd year of operation, my colleagues and I are saddened to announce its final chapter,” said Michael Ferachi, Managing Member. “McGlinchey’s attorneys and legal professionals have focused for 51 years on solving our clients’ legal problems, and that will remain our focus as we wind down our business. We are committed to comporting ourselves with dignity and grace during this process. I am immensely proud of the culture we have built, the excellent service we have offered, and the team that we have assembled. I truly believe no one does it better.”

In recent years, McGlinchey has earned numerous accolades across its 18 offices. The firm achieved Midsize Mansfield Certification three times; its two Louisiana offices were repeatedly named among the “Best Places to Work”; and the firm earned numerous national recognitions for its inclusive workplace culture supporting underrepresented populations in the legal industry. In 2023, more than 50 new attorneys began practicing with the firm. In October 2025, 60% of McGlinchey’s Policy Committee and 93% of its Office Managing Members were Gen X and Millennial leaders. The firm also reconfigured its governance structure and compensation system, developing pipelines to leadership and instilling transparency into its processes.

“For the past five years, we have been guided by our principles of Culture; Change; Empowerment; Growth; and Gratitude,” Michael said. “These principles will continue to guide our decisions as we go forward. We are especially grateful to the clients who have entrusted us to manage their affairs and to the employees who have dedicated their energy to our efforts.

There was no single triggering event or one definitive action that brought us to this point. This is not because of any specific attorney’s departure, or any individual financial decision or leadership action that led us to this point. This is the result of a combination of market factors, such as lagging collections, compounded with various internal factors over several years.”

A number of McGlinchey attorneys have recently announced plans to join other firms. The firm wishes them well in their continued practice.

“Our team comprises exceptional legal minds and some of the most skilled legal talent in the market, and while we are sad to bid them farewell, we know they will all thrive wherever they choose to land. McGlinchey will continue to provide seamless, cohesive service and client transition support throughout this process. Leadership is committed to working together, under the guidance of our consultants and counsel, to ensure that our people have a smooth transition and that all matters are handled with care.”