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Since the two long-term friends have hired lawyers from the same firm, it would be a conflict of interest for any lawyer from that firm to represent them in dividing assets from their failed partnership venture. This is because the lawyers may have prior knowledge or favoritism towards one of the clients, which could lead to an unfair outcome. Option A is incorrect because any lawyer from the firm would still pose a conflict of interest. Option C is incorrect because even a senior partner from the same firm would still be biased. Option D is incorrect because a newly hired lawyer would also be a part of the same firm and therefore would still pose a conflict of interest. Therefore, option B is the correct answer as neither lawyer from the same firm can represent the two friends in this situation.