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Sounds like they don’t have the budget. Nothing personal. Move on and keep it friendly. Maybe they’ll come back to you next time.
Things shift suddenly in litigation. May have had a big case settle or otherwise go away that they were expecting to staff a new hire.
Position might have been closed by someone higher up than the people making the interview decisions.
They may have lost a client. That’s typically what takes need from “drowning” to something less frantic.
FWIW this is a mid sized firm in a large market and the position was for commercial litigation
I’d periodically check in to stay front of mind, don’t be overbearing though